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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

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Post by richie998 on May 20, 2014 10:59am

No volume yet

Whats going onnnnn? lol
Comment by bretroberty on May 20, 2014 11:03am
This post has been removed in accordance with Community Policy
Comment by gump132 on May 20, 2014 11:16am
No one wants to sell their shares at $0.085. Looks like they will have to up their bids. Most people who wanted in are already in. For it to go higher we need a good PEA with some new investors coming in because of it. That, or wait for a buyout.
Comment by teheran10 on May 20, 2014 11:59am
those grades are really low, don't know what to think now.
Comment by gump132 on May 20, 2014 12:02pm
The grades are high enough to make it economical. You also have to keep in mind that their cost to extract the gold is 1/10th compared to other mines. That in itself will make those low grades seem that much more appealing. It is not JUST about grades, it is about the cost to get the gold out of the ground. If you can get the gold out for way cheaper than the next guy, then you could have low ...more