Eco Oro Minerals Corp C.EOM

Trading activity in EOM

[ventana]

EOM shares have been hardly traded in the Canadian secondary market for the longest of time. Shareholders have been patiently waiting for some postive development since ICSID ruling in favor of the company. That important ruling gives "hopeful hope" and not "hopeless hope" to shareholders. 
In my daily monitoring of EOM's trading, I noticed in the recent 3 days, some activity was occurring where the volume and price moved upwards. Yesterday's volume and price movement became obvious.
Company news leaks first before any official announcement. It's the nature of human beings to talk and gossip esp when it involve money. They'll act on the news if they can and tell their families and close frriends so that all can benefit. That's insider trading. It's illegal but greed usually takes over good sense.
My instincts tells me something is stirring in EOM. The confidence in that "instinct" will grow if EOM's trading volume and price keeps the uptrend.  This company has been in the abyss for years and the uptrend can surprise shareholders. It all depends on the official news. If it's positive, then hope and patience do pay off eventually.
I share my thoughts in good faith, it's something I learnt from my Ventana and Wildcat Silver experience. We always learn from our failures and successes

[NaturalCurrency]

If this trading is based on credible information, then it implies a settlement / reward / buyout price of at least $500M - $600M. Because if my understanding of waterfall is correct, shareholders will gain nothing beyond that threshold - first are the debt & notes in line, followed by CVR + MIP to the minimum of (a) $460M or (b) 95% of the total $$. Shateholders come after that. So it follows

[NaturalCurrency]

Correction, 'shareholders will gain nothing before that threshold' 

[MacBook]

Ventana yes smells like there is something up beside the pending ICSID decision.  A large number and Colombia will have to come to the table and formalize mining in the area.  Perhaps the market is smelling a conversion of the debt and buyout by Aris/Mineas or possible another large miner.  glta

[sailor8]

The "Trade" of 3 mill crossed by Canaccord at .04 (which notafinger found out on June 10 th) might be added to the speculations about something happening behind the scene. May be some one with insider knowledge wanted to lock in his EOM losses on papers for the tax man, before the things -he had heard from- will happen. If he had once aquired his 3 mill shares for example @ around