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Euro Sun Mining Inc T.ESM

Alternate Symbol(s):  CPNFF

Euro Sun Mining Inc. is a Canada-based mining company. The Company is focused on the exploration and development of its 100%-owned Rovina Valley gold and copper project located in west-central Romania. The Company holds the Rovina Valley Project through a mining license which covers a total of 27.68 square kilometers (km2). The Rovina Valley Project consists of three copper-gold porphyry systems referred to as Rovina, Colnic and Ciresata. The Colnic Deposit is located approximately 2.5 km south of the Rovina Deposit and the Ciresata Deposit is approximately 4 km south of the Colnic Deposit. The Rovina gold deposit holds about 400 million tons of confirmed resources containing 7.0 million ounces of gold and 1.4 billion pounds of copper.


TSX:ESM - Post by User

Comment by grape562000on May 07, 2021 9:36am
152 Views
Post# 33151194

RE:RE:Valuation

RE:RE:ValuationMy guess is that buying at this price and the price going up 10x would smack of insider trading. Besides, he has made plenty of money 'managing' ESM and has plenty of granted and incentive shares already. What I do wonder is why, if this anywhere near a realistic valuation, he is not actively promoting ESM especially given the money that has been raised thus far. Go to Kitco on any given day and as I'm sure you know, other companies do actively promote themselves and many times are only exploration stage companies. Whatever the plan he gets compensated so well because he's 'smarter than we are'.
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