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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

ECUADOR GOLD AND COPPER CORP > No value here. Dumping is in progress.
View:
Post by santi69 on Nov 30, 2015 12:51pm

No value here. Dumping is in progress.

No corporate presentation and still no response from the company. Going through SEDAR documents and the companies past news releases was a quick read but even at .01 this company is way over-valued. My D.D. has made me break into a sprint to run the other way.

With the grades discovered to date, this company is NOT going to develop the properties anytime soon.

Best of luck to those who stick around. The share price can go to zero (0.0) over time.
Comment by riskmanager on Nov 30, 2015 1:09pm
Did you talk with the heye. I can give you his email adress and number if you want. Check some of my last post, you will find the new presentation. Do you have shares of EGX or something great to share with us? So i guess you sold all your shares this morning or will, but i wish you good luck with an other company. Your comment means nothing because there is no substance, only bashing. Thanks ...more  
Comment by nightcrawler000 on Nov 30, 2015 2:38pm
Santi69, I am curious on why today, when someone bought into the ask and almost a million shares have been purchased, you pick today to criticise the company. You did not find one thing you like in all your research that took less than a couple of hours?This was not an outright dumping of shares, but at least two individuals (or even one with two different accounts) who decided to pout their money ...more  
Comment by santi69 on Dec 01, 2015 10:18pm
Why today? This was the same day I completed enough D.D. to voice my opinion. I continue to look for a bargain. I like the fact that the company is in Ecuador, that there was a new Board of Diretors voted in and a new CEO. Also the fact that the company raised $1.275M in the last raise. I do not believe anyone bought into the ask on this date. There were some bids sitting at .015 and the offers ...more  
Comment by riskmanager on Dec 02, 2015 7:40am
Looks like you have to do a little bit more DD on this stock. Like i said we all wish you good luck. Its your opinion and i respect that. Who is the owner of more than 50% of the shares? How much they paid for that? Did you talk with Heye about the share consolidation? I guess you have no idea because don't expect a share consolidation anytime soon. Also 7 brokers its nice, no ...more  
Comment by santi69 on Dec 02, 2015 8:06am
In response to some of your questions I offer the following: The 1 large shareholder is identified on the companies website (Aura International) but again I look at the share holdings of management and directors. How much Aura paid for the shares is not relevent. I did not talk to the company about any upcoming share consolidation but with approx 293 Million shares F.D. at this time, the company ...more  
Comment by riskmanager on Dec 02, 2015 8:45am
great thanks for your quick respond. Wish you the best.  Again i don't care if shareholder of EGX post negative or positive stuff in this board, but someone who never bought a single share,, for me its just irrelevant. Again my opinion. GLTA  RM
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