ECUADOR GOLD AND COPPER CORP V.EGX

Back into silence I go....

[BrendanC]

Keep doing your DD all and I look forward to news on the PEA and, I assume, drilling some Cu. Back to finding "the next big one" as someone put it a while back... lol.

            B

[nightcrawler000]

Make sure that you and Golden post from time to time to bring some sanity to the boards!

[cucaracha]

no. please come back to us...explain why is it so difficult for egx to release the pea. even if they are in discussion with a potential buyer, wouldn't it be better to let everybody know that the reserve are for real and that could attract more buyers...and have a positive effect on sp. instead of leaving a bad perception of the cie. thanks

[nightcrawler000]

I'm sure that interested buyers know that EGX is up for sale and I am pretty sure that Glenn would have passed on relevant information to potential buyers.

[cucaracha]

so..should we assume that there ain't any positive ''relevant information'' and that's why the stock is sitting at the year's low ?

[FrankVD]

Personne le sait, Glenn ne dit rien. À toi de t'inventer une histoire... tu crois ce que tu veux... lol.. 

[BrendanC]

You should draw your own conclusion here Cucaracha...  I will give you y opinion and not "what you want to hear" as Frankie sugessted.  We are sitting at year lows for many reasons, lack of updates due to the need to update us but mostly, IMHO, due to frustration. There is no fundamental news to keep us down (or up) and with no constant updates from Glenn, we have no

[BrendanC]

I apologize for the spelling mistakes, I did not proof read... 

[cucaracha]

thanks for your insight, always appreciated. too bad not enough investors see it your way hence we wouldn't be sitting at 4.5 cents. cheers

[nightcrawler000]

Hi Brendan, I was curious on why you believe there will be news this week? Anything specific lead you to that conclusion. Perhaps what Golden mentioned about the two week window? The reason I ask is that I feel they could have presented news last week when they announced the debenture offering. A week later seems like poor timing to me, but I thought you may have some reasons good supporting

[BrendanC]

They cant announce the drill unless they have the money to do so. Step #1 - Get Money. Step #2 - Announce news. Step #3 - Drill. I said I think this is what they plan to do as it is the only thing left on the table. As for the PEA...  there is a reason why we still havent received it yet and I have no idea why, in all honesty. It could be good or bad. It is easy to write it off as

[BrendanC]

One question I ask is why debenture before PEA? Is the PEA bad and they wanted to get the debenture at .05 to keep from further dilution if it has an extreme negative impact on the SP causing the money needed to be in the debenture offering for .03... OR, the PEA is good and they want the debenture at .05 (or so) to keep cheap shares for Deller?

[BrendanC]

IMHO, using this logic, the PEA would have to be possitive? Correct? For instance, Deller gets rewarded for backing EGX by getting cheap shares...  thats plain to see!! So, since we didnt get sent back to .02/SP on a negative PEA. You can assume Deller is getting the shares at the cheapest rate possible in his and managements eyes...  at .05/ share which signafies that the PEA was good