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Bullboard - Stock Discussion Forum 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 Center for Settlement of Investment Disputes (ICSID) Arbitration Claim became the core focus of the Company.

Bullboard (CSE:EOM)

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Comment by rdpsimson Jun 05, 2024 6:58am

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Management’s Discussion and Analysis March 31, 2024

Capitalistic greed vs Colombian leftists....  what a disaster for us regular shareholders. God help us  
Comment by sailor8on Jun 03, 2024 8:46pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Management’s Discussion and Analysis March 31, 2024

Yes, and even Aris + Mubadalla can be happy, as they get said big Angostura resources very cheap and can make very good cash flow out of them. Good cash flow which will pay also to Colombia tons of ...more  
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Comment by TiredofWatingon Jun 03, 2024 10:18am

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Management’s Discussion and Analysis March 31, 2024

Agreed.  That would be an ideal solution.  
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Comment by oldtimer42on Jun 03, 2024 9:50am

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Management’s Discussion and Analysis March 31, 2024

Absolutely. Sailor8. The ideal solution for us is a buyout where the CVRs are converted to shares. That would increase outstanding shares to about exactly one billion from 106 million. Then everything ...more  
Comment by sailor8on Jun 02, 2024 5:03pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Management’s Discussion and Analysis March 31, 2024

May be Amber and Paulson become our heroes. Instead of cash there is also a "payment" in Aris shares or in shares of a "xyz" company thinkable. It would all depend on the price of ...more  
Comment by zubryon Jun 02, 2024 9:37am

RE:RE:RE:RE:RE:RE:RE:RE:RE:Management’s Discussion and Analysis March 31, 2024

Agreed Oldtimer....feels like it has been the case since the beginning. Anything around .40/share would be a gift at this point. And in the event it all gets burned we still have no recourse as a ...more  
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Comment by oldtimer42on Jun 02, 2024 7:50am

RE:RE:RE:RE:RE:RE:RE:RE:Management’s Discussion and Analysis March 31, 2024

That is a best casev scenario sailor8, I hope you are correct it would be a decent reward. I am suspicious of the board etc. They will look after themselves first
Comment by sailor8on Jun 02, 2024 7:36am

RE:RE:RE:RE:RE:RE:RE:Management’s Discussion and Analysis March 31, 2024

What I wanted to state as theoretical possible outcome is: The two parties agree outside the ICSID tribunal case in a way as I said. And the case is officially closed according to rule 44 of the ...more  
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Post by TiredofWatingon Jun 02, 2024 12:57am

MTK - old Galway

Anyone follow what's happening with the old Galway gold, now MTK?   
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Comment by TiredofWatingon Jun 02, 2024 12:54am

RE:RE:RE:RE:RE:RE:Management’s Discussion and Analysis March 31, 2024

Nope.  No better scenario.  That 5% remaining for shareholders will be taken too - just watch.  They will claim other fees and expenses.   That's why the management discussion ...more  
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Comment by oldtimer42on Jun 01, 2024 8:29pm

RE:RE:RE:RE:RE:Management’s Discussion and Analysis March 31, 2024

True but not everyone bought both tranches of the CVR, some did not buy either. Everyone knows that Tenor wants to acquire 100% of the asset when there is an award. We are quickly getting there, one ...more  
Comment by sailor8on Jun 01, 2024 5:55pm

RE:RE:RE:RE:Management’s Discussion and Analysis March 31, 2024

Ahh, I forgot: of course there needs to be a fair compenstion of the CVR holders in addition to the share buying offer. But most of the CVR owners are anyway owners of their old EOM shares as well.
Comment by sailor8on Jun 01, 2024 5:43pm

RE:RE:RE:Management’s Discussion and Analysis March 31, 2024

Shares Out 106.52M Just a plain theoretical question: Somebody offers 10 Can$ per EOM share. More than 50 % of shares are accepting the offer. That somebody then governs Eco Oro and makes an ...more  
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Comment by oldtimer42on Jun 01, 2024 12:12pm

RE:RE:Management’s Discussion and Analysis March 31, 2024

Your math looks decent tired. I was shocked to see the shareholders portion dropped from 10% to 5%. It certainly appears that added costs are being charged to shareholders rather that shared with CVR ...more  
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