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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 redrover27 on Oct 21, 2014 6:53pm

this deal

How does it equate to our value if a buyout happens?
Comment by tradeitquickly on Oct 21, 2014 7:04pm
It finally brings long lost interest to our area. We are proximal to the Kinross area.There's is Meso/Epithermal(hardrock) ours is open pit. And in time with more exploration we could have a similar sized deposit with the addition of Silver and Copper ,and additional discoveries as well. Still waiting for the additional amendments to the Mining Royalties, (and not often you have two proximal ...more  
Comment by BrendanC on Oct 21, 2014 8:35pm
Just reiterating what tradit said, simply brings Ecuador back to the map for exploration. You may ask why did Kinross not follow through with mining operations rather than sell?? Kinross lost so much money after the Ecuadoran govt put them through the ringer. I guess i wouldnt go back either!!! I would have liked to see chinese interest but anythng is better than nothing. Imho  Our PEA should ...more  
Comment by peter234 on Oct 21, 2014 10:13pm
I think we should wait for the PEA before jumping to conclusion. Either Lundin bought this for a steal or current valuation of Ecuador mines is..........
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