ECUADOR GOLD AND COPPER CORP V.EGX

new egx'r

[stockprosp]

hey guys- got in with fairly large postion in past few weeks. a few questions if anyone can help. 1. aura has a 51% stake in egx. are they able to trade these shares freely on market. just wondering if they are holding price down. 2. although substantial reserve and near ground, au deposit is lower grade. does this affect the purity potential of the gold (ie. 24k) or just make the refining process longer/more difficult price is right on this one...as far as i'm concerned the only risk is aura buys the other 49% at less than .20c before it has a chance to really take off. a good risk to take in my opinion! glta and thanks!

[SizzlinSteaks]

stockprosp...... an average of 0.67 g/t au only means they would have to process more material to obtain the gold.... say verses 2g/t. The volume of gold per tonne would not affect the purity. The purification of gold is a seperate process and is relatively simple. There are several means to accomplish this. Here are the basic methods: How to refine gold

[testfreak]

patience will be rewarded here imo! with gold discoveries lower yr over yr this will be in fact a mine sooner then later imo, china buying record amounts of gold! Its funny how china can buy gold from everyone but yet china wont let a single gram of gold out of their country! they produce more gold then anyone but it has to be sold to the govt! they are up to something china, gonna ruin the

[stockprosp]

ok thanks for the clarification!

[stockprosp]

do u know if aura can trade shares openly after a private placement??

[SizzlinSteaks]

stockprosp..... typically there is a hold period of 4 months but clearly they have tonnes of free trading shares from previous acquisitions. I suppose they could be selling off some of those 7.5 cent shares..... but it is also important to note they bought nearly 24 million shares at 21 cents and 9 million shares at 11 cents. [url=https://www.investorpoint.com/stock/EGX:CA-Ecuador%20Gold%20and

[stockprosp]

ok thanks again sizzlinsteaks!

[stockprosp]

ok thanks again sizzlinsteaks! interesting to see how this plays out given auro's 51% stake and how grossly undervalued this...esp as gold price keeps heading up glta