ECUADOR GOLD AND COPPER CORP V.EGX

11 days left of trading in may

[yohanlee]

11 days to go since monday is a holiday. 

PEA before long weekend hopefully. 

I think it will hit at least .20 cents min

[Solidsnake10]

Any reason why the PEA could be negative? not trying to bash but i want to know th cons of tihs play and why its so undervalued.

[RollingDice]

There are zero concerns from management (or from me, for what it's worth).  Given the known resources, grading, depth of recources and low cost of energy and labour, this is a win for anyone who holds it. As mentioned before, EGX is not a mining company, so funding the mining will be someone else's job.  EGX drills, evaluates and either does a joint venture or sells the asset.

[gump132]

Well the PEA might show that it is not cost effective to develop into a mine. Which I doubt. Given their resources, cheap labour and a government that wants to expand resource investments, I think the PEA will show all of these factors and demonstrate just how profitable the property is! Many of the big boys won't buy on speculation. They want proof of what the potential mine is worth before