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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 Center for Settlement of Investment Disputes (ICSID) Arbitration Claim became the core focus of the Company.


CSE:EOM - Post by User

Comment by sailor8on May 03, 2024 4:35pm
110 Views
Post# 36022504

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

RE:RE:RE:RE:Anything under 1 billion USD would be a big win for ColombiaYes, something like 1,2 B US$! Depending when you take the starting date, on which the damages to us happened.

The de facto expropiation was executed in several steps, piece by piece by the Colombians.

Even at 1.2 B$  it would be a big winning for the Colombians. The gold assets which they expropiated from us, have now a much higher net value (after deduction of "All-In Sustaining Costs"), than anything between 1 -1.2 B US$.

After the ICSID case is finally finished, it will not take very long time: and underground mining will be declared as eco friendly on our licence area. May be under the Colombian name plate "Eco Minerales" instead of "Eco Oro"... 
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