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

Alternate Symbol(s):  GYSLF

Eco Oro Minerals Corp. is a Canada-based precious metals exploration and mining development company. The Company was focused on advancing its principal asset, the Angostura Underground project. Its Angostura project is located in northeastern Colombia. The International Centre for Settlement of Investment Disputes (ICSID) Arbitration Claim has now become the core focus of the Company.

CSE:EOM - Post Discussion

Eco Oro Minerals Corp > ISCID ruling - with what enforcement
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Post by TiredofWating on May 31, 2023 12:19pm

ISCID ruling - with what enforcement

What comes out of Colombia and local miners is irrelevant..... It has been going on for more than a decade - paramo delineation, Minesa, artesanal miners, leftist governments, rightist governments, blah, blah....  NOTHING changes except time... delay, delay, delay.

ISCID ruling is all that matters to recover some shareholder value.  EOM should be pressing the legal route to get Colomiba to payout.  What relevance is the ISCID ruling if simply ignored and pushed aside by the governments?   EOM should have only one objective here - pressue Colombia to pay.
Comment by sailor8 on May 31, 2023 7:02pm
I am a layman about juristics. So take this as a layman view.    Check out this link: The "Washington Convention" seems to enable faster enforcement. Anyway I guess that interest payment obligations run further, if enforcement of a given ICSID decision is delayed.  https://www.nortonrosefulbright.com/en/knowledge/publications/04f14b2a/a-comparison-of-the-enforcement ...more  
Comment by notafinger on Jun 01, 2023 8:42am
I agree of course.  E mail our CEO.
Comment by zubry on Jun 01, 2023 1:48pm
Our ceo and our entire management team is as effective as the Columbian government. Would be easier to get an answer out of them than the Ceo.  I understand there me legal issues with what can be said bit sure an update or timeline of strategy would be easy enough
Comment by notafinger on Jun 01, 2023 1:59pm
agreed
Comment by TiredofWating on Jun 01, 2023 2:07pm
Agreed.