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Bullboard - Stock Discussion Forum Eco Oro Minerals Corp C.EOM

Alternate Symbol(s):  GYSLF

Metals & Mining Gold
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 Discussion

Eco Oro Minerals Corp > Colombia prevails??
View:
Post by TiredofWating on Sep 13, 2021 10:20am

Colombia prevails??

The Colombian government interprets the ruling to be in their favour and that they are not liable to pay.  Well, that is a bit of a problem, no?

The ruling did indicate that the Colombian government violated a article of the free trade agreement.  Is that what Eco Oro bases their interpretation on?

So are we further ahead in understanding the outcome here?
Comment by oldtimer42 on Sep 13, 2021 1:40pm
It is semantics Tired. The Colombian statement is correct. "BOGOTA, Sept 10 (Reuters) - Colombia's government said on Friday a World Bank tribunal has ruled it is currently not liable to pay $736 million in damages to Eco Oro Minerals Corp after the Canadian mining company alleged that the Andean nation's prohibition on mining in high-altitude wetlands constituted an indirect ...more  
Eco Oro Minerals Corp
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