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Eco Oro Minerals Corp C.EOM

Alternate Symbol(s):  GYSLF

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

Comment by MacBookon Apr 14, 2024 6:12pm
162 Views
Post# 35988438

RE:Anything under 1 billion USD would be a big win for Colombia

RE:Anything under 1 billion USD would be a big win for Colombia
Sailor the tribunal already stated it intended to use comparable market transactions to value to value the loss to EOM.
The good news is we have 4 transactions just in the area: the original AUX buy of galway gold, the aux handover to mubdala, and the most recent aris buy in for Minesa all at $1-1.5Kgold.  At a minimum 2300 gold should bring the valuation to the higher end of the range.  The tribunal has to also consider the economic value of a potential willing buyer in Aris and Mubdala ready to go to production asap in the area. glta

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