Euro Sun Mining Inc T.ESM

Investor Relations (there is none)

[grape562000]

Has anyone notice that ESM no longer has an investor relations department? No listed phone number either. But they are paying for office space in both Canada and Romania.

I tried emailing them about a year ago and got no response. There was a time when IR existed...then Brad Humphrey or Scott would answer...but now...email is the only option but as I said, I never received a reply/response.

Am I really the only person who finds this to be a strangely run company?

[abcd2020]

maybe that fat pig want to get the salary of IR for himself as well. no wonder no one answered me. or they simply want to sell this sht once they have permits. so no hassle of laying of ppl

[DobreCoffee]

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[Lafajet]

Every case has an intention, always.. Been there before in this business; why no insider buying? Why no heavily PR to attract New investors ? If they really wanted to develop the resources by themself, it would be obvious they would do all the effort needed; a strong finance for developing simply need a strong mcap as a baseline. In my humble opinion; this is a classic buyout scenario, and i

[abcd2020]

i agree, looks like it. but if price is still low, the buyout price will be low as well. or u think it would be at 300 to 400% premium?

[sweepy]

There will be no premium whatsoever on a buyout price with Scott Moore in charge of this company. He has no motivation to increase the sp because he owns no shares. The lower the sp the easier it will be to sell the company. He will pay himself a gigantic bonus no matter what the buyout price is. That is exactly why he must be replaced.

[DobreCoffee]

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[Lafajet]

In my opinion, i think you both (AB and SW) are right. There is no intention to increase the share price. Easier to get buyers interests with a lower share price entrance. If this was a resource area in a remote "unpopular area", i wouldn't expect much of a lucrative deal so to speak, and possible buyers would be very limited. As you already know, Europe is in a heavily conversion

[sweepy]

So LA is guessing a reasonable buyout price of around $1.00 per share because Scott Moores’s next private placement will probably increase total shares outstanding to about 250 million. That would be 20% less than what a share was worth ($1.27) when he took control of ESM in 2016. Good job Scott !