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Euro Sun Mining Inc (ESM)

Toronto
Currency in CAD
Disclaimer
0.060
0.000(0.00%)
Closed

ESM Comments

Nice movements of recent!
This company is grossly undervalued. When those permits and financing are complete, this will run a lot. There is no way this can reasonably trade below 50 cents a share - and this is being very conservative.
Well, that me. Im fully loaded now. 250k shares. If they get those permits, then this will recover fairly sharpish! $1.80 is the target price... ROI is fantastic at 0.035c. Lets see how they progress matters in 2024. Fingers crossed.
That with bring the market cap to almost $600M ($700M for total float). Did you get that number based on the NPV5? I hope you are right, but they usually don't get to the NVP. Usually they get a portion of it, even when the mine is completed. To get to that level you would need a nice jump in gold price, which is very possible.
Thats what I am banking on... but dilution can also be an issue. Sprott had a target of 1.80 CAD... but I suspect thats probably lower now. But I am banking on a mega gold run in the coming months/years, so lets see. I am hopefull. If they do pull through on those permits, we should hopefully pull through. I believe the target is to have permits by year end. Sep. But I think thats too optimistic... however, with the new critical minerals act, it may go through quicker.
Well... they will have to reapply for its enviromental endorsement. This could be in hand by Sep 24. I will contiue to build a sizable position over the next 2 months. The proximit to Russia does provide some potential cause for concern in the future, but will not let that prevent me from building my position. In the mean time it is mining watch Romaina who are the biggest obsticales, but given the potnetial passing of the EU's Critical Raw Materials Act, and the economic benefits it will bring, I think there is a good chnace of this happening. Still a risk, but the upside from current levels is around 43x. If the succeed in permiting and financing it could be around 2-3 years, until production. So around 2027.
Well... not long till we find out what the situation is. Whilst it trades at below 10c I will keep adding .... hand over fist!
I suspect given the startegic importance of this asset, they are likely to overturn the suspension.
Agreed an NSR.... Someone thinks thats things will be ok...Anyway, adding at these levels...Court hearing in a few weeks.....
Ok... this has now turned into the most wildest punts I have seen in a while... enviro permit is suspended. Court hearing on the 29th Sep. If that falls in their favor this will go to the moon 20x over. I will add some more over the coming weeks. Total punt though.
hmmmmm issues with enviro licence ... lets see how it pans out
Euro Sun Receives Major Permitting Milestone From Environmental Protection Agency
it is 0.95... LOOOL
The Russia issues are close to home though....
But still.... could be ok
0.15c... LOOOL. Risk is there, but man what a steal
Accumulate before explosion
Jeez man... probably something to do with this:https://energyindustryreview.com/metals-mining/environmental-activists-derail-euro-sun-minings-plans-for-eus-largest-open-pit-gold-and-copper-mine-project-in-romania/
On the face of it... they will probably just work around them, and steam roll them...
They will get it done
Accumulating as many as i can now before the 40-50x boom. Be early boys.
YUP
NOICE!... adding
Please stay low
LOL... im like this everyday!... tomorrow ill hopefully add another 4k
Please dont rise yet i need to buy more
Stay low for 2 more weeks... please!
LODE... but bow 5... hold long term... 3 digits
ADDED!. This is about 3-4 years away from exploding.... EASILY $6 ....
Really want to get my position up to 20k....
Safe to make big bet here
Absolutely... this is a multi bagger within 3-4 years....
Will incearese my position...
Nice... listing in UK... ill be adding to my pension!
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