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ECUADOR GOLD AND COPPER CORP V.EGX

"Ecuador Gold and Copper Corp is a mineral exploration, mining and development company. The Company acquires and explores gold mineral rights located in Ecuador."


TSXV:EGX - Post by User

Comment by Wheeler44on Feb 28, 2004 2:41pm
48 Views
Post# 7133554

Axel! EGX - the $200/oz low cost Gold Producer?

Axel! EGX - the $200/oz low cost Gold Producer? WennerGren, you know that global trends often starts in the US. Great US inventions as well as popular US brand-names came much later to Europe, it has rarely ever been the other way around. Just to mention a few small things like; the skateboard, the roller- skates, the (Levi's) Jeans, sunglasses from Bausch & Lomb, and Coca- Cola, came a whole lot later to Europe and Western Europeans were very receptive to American good quality products and trends, - it was just great, - you could buy a part of the American lifestyle. One can also mention cars with 7.4 litre engines, only from America Today Europeans are both happy and proud, thinking they have a strong Euro-currency, Wow! Our Euro is stronger than the US dollar, we're great! - But that's all deceiving!! As usual with trends, again the US is showing the way, this time the US dollar will show the rest of the world what has happened, the US dollar is falling and the Euro is catching up on the downtrend, and few people know about this yet, simply because it's an issue that won't be promoted as a good quality product, it's rather an issue that most people won't hear about, until it's too late, - unfortunately. Someone said: “Gold is absolute objectivity. It is like blind justice. It has no politics and ideology, no likes or dislikes, no friends or enemies. All it recognizes is its possessor, whom it serves faithfully so long as he has it" Blind justice is right, Gold is right, The trend is here, the US dollar is showing the way, and the rest has merely started to follow.. down.. 1 GoldGram 5 Years USD - US Dollars 1 GoldGram 5 Years DEM - Deutsche Marks 1 GoldGram 5 Years EUR - Euros imo, All the Best! /W Thank You Wheeler, its very interesting to hear how someone from over-there with good knowledge of the Eurasian Land-Bridge—the future infrastructure integration of the entire Eurasian continent—is shaping up at a very rapid speed with or without U.S. - Canada - Isolationism. Now, coming back to the more serious problem: if the U.S. population don't want to support the Eurasian Land-Bridge, if it is reality, there is one less solution. Therefore, what I want to encourage, is that Americans to go there; they should go there, through the Eurasian Land-Bridge, both physically and mentally. And, the future is very much ours to see, que sera what we will do. The Origins of the Land-Bridge. Now, the Eurasian Land-Bridge, today, is in progress: It's real. It's very advanced. The evolution of the idea of the Land-Bridge, because it is the history of our movement. Eurasia Key To Peace Well, hold it - that a little rebellion now and then a good thing - and as necesary in the political world - as storms in the physical. PEACE - is a virtue, a state of mind, a disposition for benevolence, confidence - Justice - Eurasia Key To Peace - History often repeat itself - - theres no fever like Gold fever - EURASIA GOLD CORP. EAGCF (EAGCF:OTC:BB) (Nasdaq) (EAGCF is there but hasn't really started yet at the otcbb) https://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=eagcf&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&selected=eagcf Do the young in Germany know GOLD - do they know that it used to be a wheelbarrow load of fiat paper money - to buy a piece of bread - it was a fact after the WWI and the WWII! A Two-Hundred-Billion Mark Note, only 80 years ago (was probably enough to buy a meal for two in a restaurant) (the fingerprint indicated its authenticity) Note. the history tell us, that the above has happen to most fiat currencies - not yet to US & Canadian dollars? If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banksters...will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs. -Thomas Jefferson - GOLD Chart Long Bull Trend - https://www.tfc-charts2.w2d.com/charts/cdl/GDW.GIF - the GOLD Chart Bull Trend reflect a correction - - about the same pattern as in past June-July 2003 - - all a Strategic Great Gold Buy Bargain time - - Volatility is great - the fast down - makes the fast Up - the more volatility - the higher Gold will jump Up - in Gold Bull Trends - The historic investment opportunity of a lifetime is still in play. GOLD 2004 Bull Reflextion of 1980 Bulltrend GOLD 2002 - 2003 is a mirror reflection of GOLD 1978 - 1979, is GOLD 2004 to be a mirror reflextion of GOLD 1980 - Bulltrend, GOLD TA on strong Bulltrend TI Longterm comeback... 5 Day chart... https://quotes.ino.com/chart/intraday.gif?s=FOREX_XAUUSDO&t=f&w=15&a=2&v=w Long Term Bull Trend... https://quotes.ino.com/chart/history.gif?s=FOREX_XAUUSDO&t=l&w=15&a=50&v=dmax Long Term Platinum Bull Trend... Pt - Frontrunner To GOLD - https://quotes.ino.com/chart/history.gif?s=FOREX_XPTUSDO&t=l&w=15&a=50&v=dmax In the GOLD demand perspective its three very strong ongoing factors for Gold. EURASIA GOLD HAS TO LIVE UP TO THEIR SHAREHOLDER’S BEST EXPECTATIONS. Thank You Wheeler for all good EGX DD..info - - its the true fact and its very hard - - to find a $200/ounce low cost Gold Producer - - Eurasia Gold Corp. EGX - Excellent Gold Bargain - - and the best GOLD Investment I have found!

Highlights from Q3, 2003 earning report ( in US dollars )

- amount of Gold produced was 8,596 ounces
- amount of Gold sold was 7,443 ounces
- average production cost for the 9 months
- was $246.00/oz (incl. cost for expansion of
- heap leach pads etc.)
- deduct the expansion cost of the heap leach pads to expand
- the EGX Gold production and You will find a production cost
- of about $200.00 per ounce

- Gold was sold at an average price of $362.89/oz
- revenue was $2,701,000
- net profit was $169,000 (only from 3rd Q3, 2003 earning report)
- plus the Gold 1153 ounce produced - and to be sold at
- a higher price
Other than EGX, I don't think there is one, imo. All the Best! /W

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