Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Ecuadorian Minerals Corp (EMC:TSE) -- Ignore unavailable to you. Want to Upgrade?

To: ando who wrote (61)	2/7/1998 10:50:00 AM
From: dean poets	Read Replies (1) \| Respond to of 87

EMC just issued 5 million shares at $0.18 Cdn, with warrants attached to the shares at $0.18 as well. EMC is hyping a self proclaimed 300 million dollar deposit located beside Rio Tinto's. If this deposit is so great how come they issued shares @ $0.18. It looks to me like somebody's hyping this stock! EMC has a 7 million dollar property payment coming due on the Gaby property, and they have several other financial commitments. Who know's maybe they will promote this stock back to a couple bucks a share, but there are better stocks out there. Dean

To: ando who wrote (61)	9/16/1998 7:41:00 PM
From: dean poets	Respond to of 87

Ecuadorian Minerals Corporation - Ponce Enriquez properties acquired Ecuadorian Minerals Corporation EMC Shares issued 31,400,000 1998-09-16 close $0.63 Wednesday Sep 16 1998 Mr. Albert Gerry of Zappa Resources reports Effective Sept. 1, 1998, Zappa Resources closed the sale of its title rights interests in the Guadalupe, Mollopongo and Papa Grande properties, in the Ponce Enriquez mining district of southern Ecuador, to Ecuadorian Minerals. Formal assignment documentation is expected to be executed in Ecuador, at the latest, by the end of the month. As announced in Stockwatch April 21, 1998, 2,500,000 shares of Ecuadorian were issued to Zappa, of which: 500,000 were delivered as of Sept. 1, 1998; and 2,000,000 will be delivered in tranches of 500,000 at the end of each six month period following the date of closing. The provision for the delivery of an additional 500,000 shares, based on the market price of gold, was removed from the final agreement, given the existing market conditions. At closing, Zappa and Ecuadorian also executed a royalty deed conferring upon Zappa rights to a net smelter royalty interest of up to 2 per cent on eventual production from the Ponce Enriquez properties and any properties which may be acquired by Ecuadorian south of the Ponce Enriquez properties (collectively, the royalty properties). Such royalty interest may be reduced by an amount equal to the amount of any Ecuadorian government royalty, subject to a minimum reduction of 0.5 per cent on certain portions of the royalty properties and 1 per cent on all other portions. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com