ECUADOR GOLD AND COPPER CORP V.EGX

The only trades that are being made now and for the last 6

[BrendanC]

months have been done by those on this board. No one will take an interest in EGX until early to mid January pending the PEA release. Until then, EGX is a victim to day trading by its own "longs".

[nightcrawler000]

If it makes you feel any better, I will not be trading the 29,000 shares I purchased today, or any other shares I have purchased in the past six months, for the next little while. We are 22 trading days away from the end of January!

[BrendanC]

Haha...   I'd feel better if you bought up another 29,000. I too plan to buy another 20-30k. I just meant that we need new interest. Those getting aboard are already aboard until we get those institutional buyers and day traders. Here's to the next 22 days! Though, I will say that the engineering firm said that the PEA would be completed by the end of January. It could be the first

[Goldenrules]

If you are correct, and it appears you are, then everyone here should be stepping back and looking at the big picture. Since the stock has been intentionally kept under the radar by its management, we have a unique opportunity. Are we shooting ourselves in the foot with our sell orders at $.07 and $.08 cents that create a cap on the price? What happens if there is an immediate buyout offer in

[BrendanC]

You hit the nail on the head. Unfortunately, in a zero sum market, there has to be a winner and a loser. I doubt you will see anyone cancelling their sell orders but, like you said... there is less than 1 million between .07 and .10. they will get filled very fast after new year leading up to PEA release. We saw .145 in May when it was up in the air whether we would see the PEA release or not

[Goldenrules]

Personally, I expect gold to have a great year in 2015, but having enemies like the Fed and its bullion banks and the 100:1 leverage the paper markets give them means gold has some poweverful opposition. The mentality of trading for a penny is a day trader mentality, but daytraders see the world differently. Trading is their adrenalin, but they forget the big picture. Had there been less of that

[BrendanC]

Time will tell. More specifically the next 3-4 wekks. As I said previously, its just a waiting game now. Good Luck All !!  EOM