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

CSE:EOM - Post Discussion

Eco Oro Minerals Corp > can we add another 20%?
View:
Post by TiredofWating on Aug 25, 2023 12:45pm

can we add another 20%?

Still no comment on the resolution of the ICSID claim.  Inflation has diminished our $700M usd claim so can we add another 20% and another 10% per year that this drags on?

I'm still at a loss on the relevance of the ICSID process when there is no enforcement or consequence.  We waited years for a decision and then what?  Colombia just ignores it?
Comment by sailor8 on Aug 27, 2023 11:18am
Do not forget. Our case was officially opened at the ICSID in September 2017. In the years before, we had spend mountains of money for the exploration and early pre preparation works .  At September 2017 the Price of gold was below 1,300 $ per ounce.  Now the Price of gold is at more than 1,900 $ per ounce. So the value of our explored resources and reserves had risen significantly ...more  
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