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Bullboard - Stock Discussion Forum Euro Sun Mining Inc T.ESM

Alternate Symbol(s):  CPNFF

Euro Sun Mining Inc. is a Canada-based mining company. The Company is focused on the exploration and development of its 100%-owned Rovina Valley gold and copper project located in west-central Romania. The Company holds the Rovina Valley Project through a mining license which covers a total of 27.68 square kilometers (km2). The Rovina Valley Project consists of three copper-gold porphyry... see more

TSX:ESM - Post Discussion

Euro Sun Mining Inc > New presentation
View:
Post by abcd2020 on Mar 01, 2021 1:41pm

New presentation

ok from what i read, the expect to produce in 2024, before that they need to complete EIA, and they will have construction permit within 30 days of submitting the EIA. i m confused here r they expecting to get the EIA completed and submitted by Q3 2021. then y the production is 2024, it will take 3 years to build a mine...
Comment by John2112 on Mar 01, 2021 2:33pm
ESM will never have the money to build a mine without somebody buying in. 
Comment by abcd2020 on Mar 01, 2021 2:40pm
so in other words, until EIA is complete no one will buy them out?.... i hope they already doing some negotiations to sell this. in order to keep thier repo which they dont have, they need to sell above $1.37....i do not want this incompetent mngt go for the build.
Comment by mooseslayer on Mar 01, 2021 3:17pm
they could get bought out at any point but to get to the point of having the  license to construct would probably get them the most value because of the perception that Romania is hard to deal with for mining permits. 
Comment by mooseslayer on Mar 01, 2021 3:18pm
And yes...this selling is incredible. Over a million shares and up .02 
Comment by John2112 on Mar 02, 2021 8:49am
What is keeping ESM down. This can't be all manipulation? I thought this announcement would move us up.....considerably!! 
Comment by StockDoc60 on Mar 02, 2021 9:38am
As witnessed in this Reoort from 2017 ,Romania  was not very attractive for mining investment ,. I know that they have had new governments since then so things may have changed significantly . However,  this perception may still longer and cause investor hesitation . I'm guessing this might be. A contributing factor . Maybe I'm wrong , I hope I'm wrong but this stock ...more  
Comment by abcd2020 on Mar 02, 2021 10:03am
romania is a problem but also another main problem is the managment unrealistic dilution and compensation pakages for doing nothing
Comment by mooseslayer on Mar 02, 2021 10:09am
That's 4 years ago. I don't live in the past. They have had no opposition to their licensing efforts lately and there is no reason to expect they will down the road. Every economy is hurting and I would think they would welcome the job opportunities and economic boost that a mine would bring. The taxes alone that they would generate would be significant. They are to use dry stack tailings ...more  
Comment by abcd2020 on Mar 02, 2021 10:22am
this is exactly what making me holding my shares, i really hope it is not another 3 year of wait times
Comment by StockDoc60 on Mar 02, 2021 10:23am
  I guess time  will tell if they ( Romania ) are able to escape  from their past bureaucratic inefficiencies . Given where they were at in 2017( in the minds of mining professionals ) they have a long ways to go to reach Canadian rankings. Lets Hope they can make that leap . It will be good for their country's economy and of course ESM
Comment by abcd2020 on Mar 02, 2021 11:13am
first that fat pig needs to buy stocks. morn just takr fat paycheque and do nothing, and useless pumpers on this board, i think bashers have provided more valuable intel. yes u heardd me right. i m so fking mad i have so many pathetic stocks went up and this POS is not moving at all. where is that phatty who claimed we have 15 monz we have now 9.9mons lowere than previous 11 Monz. fking useless
Comment by Euro007 on Mar 01, 2021 9:22pm
This post has been removed in accordance with Community Policy
Comment by John2112 on Mar 01, 2021 3:33pm
ESM will never have the money to build a mine without somebody buying in or enougn dilution to make the stock worthless! Let's hope there is a takeover!! 
Comment by mooseslayer on Mar 01, 2021 3:37pm
The plan a while ago was a 60/40 debt -equity but no idea what it is now. I say sell it while gold and copper prices are through the roof and it is at a very high value
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