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Bullboard - Stock Discussion Forum Esperanza Resources Corp V.EPZ

TSXV:EPZ - Post Discussion

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Post by mining_junior on Sep 24, 2012 12:58pm

EPZ.wt

Hi guys,

Warrants?

New kid on the block here. What do you guys think of the warrants? It will just be a matter of time before it hits 1.80 and be in the money. 5 year seems to be an eternity. It's not liquid right now but it's just a matter of time. Their balance is decent/clean right now. Thoughts?

What I think of the company

Management risk is quite low as the entire team almost from minefinders (which was acquired). One could argue it is the first time that greg smith is the ceo. But one cannot undermine the importance of capital markets management skills of a ceo. You can have the top of the line tech guys, but without managing the capital markets/finance front, shareholder value will not grow. Finance is definitely a key skillset of management.

So you got the tech guys from minefinders, who probably build a bunch of mines in mexico before (and probably more complicated mines). and you got the finance guys doing what they need to do in the capital markets. You add those together, it's guaranteed success.

Don't think this is a take over target. I see this more a multi mine company. Once they get this mine online. The comapny will be looking for targets to aquire through cash/shares. and keep repeating. Sounds easier than it is of course. As nowadays, having small capex/good return projects are rare.

We should see a good growth in share price as they develop this mine in 2013-2014. Slowly bringing pieces to the mine and de-risking it further.

Comment by RockLobster1 on Sep 25, 2012 1:30am
the warrants are tradable so will not be exercised early.... once we are over 180 then some dilution but that is in the price.... Overall a good one to have in a positive gold environment IMO
Comment by goldminer49er on Sep 26, 2012 12:49am
I love the warrants and have been accumulating between $0.40 - $0.66.  Have you got some yet?  Should be interesting where this stock is in 1 year let alone 5 years!  GLTA
Comment by psmarts on Oct 20, 2012 5:40pm
mining junior - very solid post man. You've done your dd on these guys. I have to agree that realistically they know / believe there is 3-5 million ounces if not more and will look to take it to production. This region of mexico is very friendly and as long as financing is no big issue it should move ahead relatively quickly. I've been holding this deal for about 8 months and although we ...more  
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