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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 stinkbid on Mar 05, 2014 7:56pm

51%

Does anyone have any information on the major holder?  I can't seem to find much info about them online.  Wonder why they have been so aggressive with accumulating a massive position?
Comment by SizzlinSteaks on Mar 05, 2014 9:19pm
stinkbid.... you are right. Not much available on the net for Aura. The only thing I could find is that they are located in the British Virgin Islands. However, I believe their reason for acquiring such a position is the same as what most here already know. 1. Their resources are massive. Over 10 million oz gold, over 20 million oz silver and over 1 billion lbs of copper. Once of the largest ...more  
Comment by SizzlinSteaks on Mar 06, 2014 9:46am
Lest we forget they already have a partnership with the Chinese on one of their projects and they are willing to pay for startup and production costs...... big bonus for sure. 
Comment by Solartrakk on Mar 06, 2014 12:04pm
Gold up yet again and this can't get any traction.... never ending battle at a dime on 10 million ounces. Go figure. I guess no news this week?
Comment by Bashnomore on Mar 06, 2014 12:10pm
Remember when MIN came out with their PEA and their stock price went up 300% Pre-tax Net Present Value ("NPV") of $1.24 billion (after-tax $0.824 billion) at a 7.5% discount rate (using a copper price of $2.75/lb); Does anyone have a guestimate as to how much ours is. We're sitting at roughly the same market cap....  
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