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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 > Crystal Ball
View:
Post by ACE223 on Sep 28, 2023 5:41pm

Crystal Ball

Just for speculation , this is my point of view 

460 million USD payout to notes , CVRs  holders 

300 USD million to company , any credit facility used to be paid back 

So $3.00 per share 

Minesa / Aris pay the money and In turn take over Eco Oros property portfolio , government will reinstate 90 % of our claims and will be married to the Soto Norte project .

GLTA
Comment by NaturalCurrency on Sep 29, 2023 10:52am
Thanks Ace. As per my high level calculations there is $150M - $200M to be paid just for loans - so that would leave out ~$100M for the company / shareholders - so we are looking at $1 per share? 
Comment by MacBook on Sep 30, 2023 1:18pm
Kinross paid $1.8B for 5M oz. If eom can get a guarantee mine approval,a eom buyout it would put soto norte at least a year ahead of schedule we know the ore quality of eom would enhance soto norte A settled EOM could be worth $1B USD ... back out the $500m and we could be $4-5 cdn glta
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