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Bullboard - Stock Discussion Forum ECUADOR GOLD AND COPPER CORP V.EGX

"Ecuador Gold and Copper Corp is a mineral exploration, mining and development company. The Company acquires and explores gold mineral rights located in Ecuador."

TSXV:EGX - Post Discussion

View:
Post by testfreak on Nov 13, 2013 9:33am

PEA

The economic analysis by way of a PEA is generally the first signal to the public that a mineral project has potential viability. Given the significance of this milestone in the evolution of any mineral project, the market views PEA results as important information.

NI 43-101 defines a PEA as a study, other than a pre-feasibility study (PFS) or feasibility study (FS), which includes an economic analysis of the potential viability of mineral resources. The terms PFS and FS have the meanings ascribed by the CIM Definition Standards for Mineral Resources and Mineral Reserves, as amended.


this is only getting better and better! egx has the goods in the ground and once they prove this mine is viable! boom! let the extraction begin
Comment by Solartrakk on Nov 13, 2013 9:41am
And now we have imbeciles selling at .07.  Incredible
Comment by testfreak on Nov 13, 2013 9:44am
thats good let them sell that tiny amount of shares, into stronger hands, this will only go up! i love egx for doing what they promise, PEA done by end of year! update on drilling, and Ni-43 still to come! once they show this mine is viable watch the fireworks imo, gold extraction imminiment!
Comment by ShipitIndustries on Nov 13, 2013 9:47am
This post has been removed in accordance with Community Policy
Comment by nassau1 on Nov 13, 2013 9:52am
Some investors must just be a little slow to realize the potential here,they have done everything they had promised so far,almost to the exact date,which is amazing to me,and they have said time and time again that they will be bought by the chinese,something tells me that they already know who it is
Comment by testfreak on Nov 13, 2013 9:58am
i agree with you! EGX seems to be excellent at keeping promises, but if you look at the ceo history things are in are favour! hes done some great things in past and history will repeat imo, egx always gives timely news and when they say they are gonna! I personally would not be shocked if buyout annoucned in new year by chinese, also Aura keeps pumping cash into egx good sign they all know its ...more  
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