Post by
RobPJS on Mar 12, 2024 4:08pm
GBUs effect on ESM
ESM had a great run when they announced financing and good reports with the government. The share price doubling had very little to do with GBU. Unfortuately, the GBU fiasco affected ESM with perceived anti-mining tendencies by that government. Despite this, we are still higher than we were before the ESM press release.
This still appears to be a solid project with final permits finally being granted this year. I know this is Romania so we might have to wait longer, but year end seems reasonable.
We are good. Romania knows they can kiss investment goodbye if they can their third Canadian miner (Eldorado, Gabriel and Euro Sun would be the third).
Just my opinion.
GLTA