Bullboard - Stock Discussion Forum ECUADOR GOLD AND COPPER CORP V.EGX

Metals & Mining Gold

"Ecuador Gold and Copper Corp is a mineral exploration, mining and development company. The Company acquires and explores gold mineral rights located in Ecuador."

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ECUADOR GOLD AND COPPER CORP > Now what?

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Post by Ticalian36 on Jun 10, 2015 4:01pm

Now what?

Now that the PEA is out, what is the next step from here? Market didn't seem too thrilled with the PEA. Is his plan to try and sell the company or raise the 1.8M for the additional work needed or is there maybe another plan? Or do we just wait for gold to go up to $2k, which may take years? Emailed Cathy but she knows nothing, not sure what we are paying her for if glenn is going to keep her in the dark also. Hopefully us shareholders can get some answers at the June 18th meeting.

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Comment by BrendanC on Jun 11, 2015 11:28am

Thats just it. Do they risk manage and hope gold goes up sooner than later or make a move? Gold would have to really take off to make this site, as it stands, attractive to a mining company OR EGX would have to do some drilling soon and work fast to meet the deadline under the new Ecuadorian law. Now, in Ecuador, they only have so much time before they have to either sell the company or mine it. I ...more

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