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Gold/Mining/Energy : ECOMETALS -- Ignore unavailable to you. Want to Upgrade?


To: molark99 who wrote (128)12/22/2009 3:12:49 PM
From: pocotrader  Read Replies (1) | Respond to of 245
 
the downside would come if RZ doesn't pan out no matter what other promising properties EC has, the market is watching EC for RZ only, I wouldn't want to sit on dead money for a year or more hoping to at least get my money back, that being said I'm betting on RZ to hit, if the Brazil play can pay all the bills so much the better.



To: molark99 who wrote (128)12/22/2009 3:50:08 PM
From: Claude Cormier1 Recommendation  Read Replies (2) | Respond to of 245
 
||-- but they have other properties that are worthy of a 10 bagger minimum on their current SP.

EC has a market cap C$73 million f.d. at the moment are you suggesting the stock is worth $730 million? Can you provide details on how you make up this valuation?

||-- In Ecuador, besides RZ they have 3 very intersting properties, one of which, Condor already has 850 000oz proven.

Condor resource is inferred. We have no idea if it is economic or not.

||--im not seeing much downside here.

Where do you think the stock will be if RZ is a failure? To pre-financing prices?