ECUADOR GOLD AND COPPER CORP V.EGX

Only so long

[teheran10]

This pathetic SP cannot sit at this level forever. Sooner or later it will break out.
Simply stunning. Let's wait for PEA.

[actonfear]

Huge thanks to the morons that sold me another 100K shares!

[Jaco7]

Unfortunately not much will happen to the sp with this amount of volume. This becomes stale money for those who invest in EGX if little or no interest is generated.  Traders are moving on, and in fact this may dip to the .065 - .07 range with a resistance of about .08 - .085 until we get closer to the release of the PEA. We all understand that the sp is so

[riskmanager]

EGX is definately an undervalued company. I was in Copper Fox (CUU) in 2010 when rhe SP went from 0.10 to 2,40 in less than a year. The deposit of EGX is actually way bigger than Copper Fox was at this time. Copper fox had roughly 350 M O/S at this time vs 250 M O/S for EGX. Yes the price of gold, copper and silver was higher than right now, but we have to remember that is probably one of the

[riskmanager]

and don't forget that the deposit Fruta Del Norte has been bought by Kinross Gold in 2008 for 1 Billion$ which is not far from EGX. Just saying GLTA Riskmanager

[The_Alchemist]

First off, I want to say I own shares of EGX and I think it's undervalued.    But, you mention Kinross buying Fruta Del Norte for $1 billion in 2008, you failed to mention the fact that they totally wrote off the project, and essentially walked away from Ecuador in 2013.   I think this company is a great speculative investment based on all the facts, not on the half of them

[riskmanager]

The Alchemist, i understand your point, but you forget to talk about Codelco as well. Also, my point was to show the value of the deposit. The fact is Kinross Gold bought Fruta del norte for 1 billion, so i guess you agree that EGX has basically the same deposit? Ecuador needs a mining law, yes i agree, but trust me they won't miss the opportunity.  My point was only about the value