Eco Oro Minerals Corp C.EOM

Alternate Symbol(s): GYSLF

Metals & Mining Gold

Eco Oro Minerals Corp. is a Canadian precious metals exploration and development company. The Company was focused on the development of the Angostura Project in northeastern Colombia, which consists of the main Angostura deposit and its five satellite prospects. The International Centre for Settlement of Investment Disputes (ICSID) Arbitration Claim became the core focus of the Company.

CSE:EOM - Post by User

Eco Oro Minerals Corp > Thanks Natural

<< Previous

Bullboard Posts

Next >>

Comment by NaturalCurrencyon Mar 05, 2023 9:59pm

108 Views

Post# 35320484

RE:Thanks Natural

Yes, totally agree that there should be a spike. Though, given the waterfall, it would be non linear to the payout amount. As per my calculations, if the amount going to 'company' form the payout waterfall translates into share price 'distribution', then at (1) $250M = $CA0.13 SP, (2) $500M = CA$0.38 SP, (3) $750M = CA$0.38M SP - does not change given the nature of waterfall, (4) $1,000M = CA$1.08 SP.

Also, any sense of the timeline from the tremors in the ground? Few weeks or few months?

<< Previous

Bullboard Posts

Next >>

Sirios Resource discovers visible gold in Quebec