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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

Post by oldtimer42on Jul 08, 2024 10:47am
152 Views
Post# 36122691

Spinning wheels

Spinning wheelsWe are just spinning our wheels here. I doubt we have a clue about the effects of the CVRs and actions of the board on our shares. No doubt the CVR holders get the bulk of any funds, but there will be a residual to shareholders, remember the CVR holders are also shareholders although their hope primarily rest with the CVRs. Having said that the responsibility of the board, which will get rich in the end, have an obligation to ensure costs are shared proportionately between the holders and shareholders. We should not get stuck with all the bills. has anyone been in touch with the board to sort this out for us? They owe us full disclosure, there are several large shareholders with loads at stake here. Even to ask the board about our actual entitlement in the various scenarios is not unreasonable.

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