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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 betterdaze on Mar 23, 2014 1:45pm

Question

Have been doing some DD on this and read that there was to be a updated resource estimate first part of March and PEA end of March. I see many on here are expecting the PEA in the next week or so. Will the updated 43-101 be released first, be incorporated into the PEA andreleased simultaneously or did I miss it somehow? Thanks.
Comment by stockprosp on Mar 23, 2014 2:13pm
Hmm good question but I believe update was in February 24 news release...but I see in that interview with Laing updated estimates were looking to be released early march.  Perhaps that quote was older Can anyone else confirm this? Actually wouldn't mins seeing a 1-2 punch on resource estimate and pea.  Integra did that a few weeks ago (in reverse) and worked well for them to ...more  
Comment by nassau1 on Mar 23, 2014 2:47pm
"With a preliminary economic assessment and an updated NI 43-101 resource estimate report pending, we feel now is the opportune time to showcase our flagship Condor gold project, which already has an NI 43-101-defined indicated resource of 6,365,000 ounces of gold and a further inferred resource of 2.06 million ounces of gold. We are confident in the value inherent in this project even in ...more  
Comment by betterdaze on Mar 23, 2014 6:18pm
I was thinking the 43-101 would come out first followed by the PEA at a later date, but you are telling me not necessarily, that's the part I was confused about. A one, two punch would be great to maintain momentum. Thanks for the replies. GTLA.
Comment by SizzlinSteaks on Mar 23, 2014 11:00pm
Maybe even a triple punch. We have yet to see the Santa Barbara South final hole results. The south resource is the primary resource and they were expecting even better results from this hole. Quoted from the Feb 25th NR: "We have completed our phase two drilling program on Santa Barbara – our flagship asset," states Laing in an exclusive interview with Financial Press, "We ...more  
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