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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 Bentouttashapeon Jun 16, 2021 11:42am
243 Views
Post# 33395365

RE:RE:RE:RE:Cash Burn = More dilution

RE:RE:RE:RE:Cash Burn = More dilutionManagement may make through alright, but in market circles a vote in 90% range is cause for reflection and concern for a company. When it is in the 65% range for Moore as it was last year, this indicates a major dissatisfaction in the leadership of the company. If I read this board correctly, there is significant dissatisfaction again this year. I think the company needs to take note and begin to engage its shareholders. But that would be asking a lot of this arrogant lot, wouldn't it?
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