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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 BrendanC on Jun 02, 2014 12:00pm

ETA...

I suspect that they are just waiting to have gold crawl back up but, Has anyone spoken to IR and gotten an idea of when they plan to begin Metallurgical and mining assessment?
Comment by RollingDice on Jun 02, 2014 12:04pm
IR says they began right away.
Comment by BrendanC on Jun 02, 2014 12:27pm
Awesome... they give a timeframe? and thanks!
Comment by RollingDice on Jun 02, 2014 12:44pm
The official answer from IR is 4-6 months.  Since it was delayed, I checked on other juniors who did the same thing and it usually was only 3 months give or take.
Comment by BrendanC on Jun 02, 2014 2:04pm
Should work well with gold price seasonal jump sept-ish. Thanks RD
Comment by Bashnomore on Jun 03, 2014 12:09pm
Rolling dice I disagree with you on that - if they have delayed pea month to month never hitting their deadlines what makes you think they'll hit 6 months???  Look at NES it was basically the same thing delay delay delay. I expect the stock price to drop to around 2-4c untill they state it should be out within weeks, but will probably delay it again if the past is any indication of them ...more  
Comment by RollingDice on Jun 03, 2014 2:17pm
Yeah, I'm just relaying what Investor Relations told me and what I've seen from other projects that go through this additional work.  I didn't lose anything on this as I got in cheap, but I was certainly bitter with the delay.   I'm going to keep an eye on this one, but I'll have to see a great update to jump back in. Still think it'll get back up to 8.5-9 cents ...more  
Comment by yohanlee on Jun 03, 2014 2:25pm
Once the pea comes out it will do the talking people coming in now will have a good chance of making money i got in at  10.5 cents and furthered my position at 6.5 cents if you have patiences it will pay off do you own dd
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