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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

Post by RobPJSon Mar 12, 2024 4:08pm
277 Views
Post# 35929130

GBUs effect on ESM

GBUs effect on ESMESM had a great run when they announced financing and good reports with the government.  The share price doubling had very little to do with GBU.  Unfortuately, the GBU fiasco affected ESM with perceived anti-mining tendencies by that government.  Despite this, we are still higher than we were before the ESM press release. 
This still appears to be a solid project with final permits finally being granted this year.  I know this is Romania so we might have to wait longer, but year end seems reasonable.
We are good.  Romania knows they can kiss investment goodbye if they can their third Canadian miner (Eldorado, Gabriel and Euro Sun would be the third).

Just my opinion.
GLTA
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