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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 digrdanon May 24, 2021 2:55pm
188 Views
Post# 33257428

RE:RE:RE:⚡ Esm's Cash Burn Rate Worries

RE:RE:RE:⚡ Esm's Cash Burn Rate Worries There is a real concern though - I used to be in here and bought in at the start of the pandemic in March thinking they might actually move on this with countries looking for ways to make jobs and cash.  There was a lot of good discussion on what the heck is actually happening here and how motivated management is to actually develop this (look at their salaries comparisons to other management teams - it's pretty shocking). It may get some momentum again soon as gold is turning around so I'm sniffing around ESM again, but not for the potential of developement, just of interest here.  
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