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July 18, 2022 (GLOBE NEWSWIRE) -- Euro Sun Mining Inc. (TSX:ESM.TO) (“Euro Sun” or the “Company”) is pleased to announce that it has closed the funding amount of $1.5 million pursuant to its previously announced convertible security funding agreement (the “Agreement”) with Lind Global Fund II, LP, an investment entity managed by The Lind Partners, a New York based institutional fund manager (together “Lind”).
Aaahh... it is a patience game. How much downside to upside ratio... I still believe in the facts about the company. Yet, given the changes lately - it might take some more time than expected. Meanwhile, life goes on and suddenly it makes a rush
2,5 weeks... will they deliver within the timeframe they said? And then... will it go ballistic or climb slowly and steadily - time will tell; looking back, it has done a 400% climb earlier. It can happen again, and possibly more.
Given the undervalued position, there is room for a significant "jump".
I have gone through the press releases and videos, and the potential is growing.
Yes, actually, because the gold price will bounce back hard and benefit them.
By the way, do YOU want to moderator as well?
Will they still keep the four weeks? I am referring to the next approval; see the previous news release.
Stay positive, the new CEO is more reliable than the grumpy Scott Moore :)
https://eurosunmining.com/investors/
Within 6 weeks the CATALYST should come - that is if they keep the schedule.
As it is a crucial and necessary approval for the project, it is of great importance.
See website news; https://eurosunmining.com/
Be aware of the tree shakers - they want you to sell and get your shares themselves!
MUST READ (for shareholders/to become shareholders) Sharing Is Caring.
The stock does not get enough marketing and promotion!
Protect yourself (we are in it together) SHARE in forums, social media, etc
Report negative postings in the forums - often they are violating the rules.
11 of May, 20-Day Moving Average BUY
50-Day Moving Average BUY
tickers; CPNFF / ESM
Source; barchart.com
If Takeover by another, what value is Today, 2024, or 2025 - this a relevant question; it might be a takeover candidate, and if so, probably a major producer.
Found an interesting piece, if this scenario will come one day;
https://miningmaven.com/blog/1049-euro-sun-mi...tcqb-cpnff
If you want the date of the article, contact them -
some info is relevant, but others might be outdated.
Looking at the ex-CEO previous mines, he is a very good dealmaker
https://eurosunmining.com/investors/#presentation
Using AI/Chat GPT On Bing Search; What is Euro Sun Mining Target Price 2023?
The potential target price for Euro Sun Mining in 2023 varies depending on the source and the method of estimation. According to MarketScreener123, the average target price for Euro Sun Mining is CA$2.17, with a high estimate of CA$2.50
and a low estimate of CA$1.75.
According to MarketBeat4, the current share price of Euro Sun Mining is C$0.05, which implies a potential upside of 4232.75% if the target price is reached. According to WSJ5, there is an analyst covering Euro Sun Mining, who has a buy rating
and a target price of CA$ 2.00.
Conclusion; Using Chat GPT/AI technology, we get away from a biased opinion.
No emotions or other human influence - only the way one does the calculations
about the projects, can have some differences.
Marketscreener123; Average Target 2.17 CAD - CAD $ - Canadian dollar
CAD $ - kanadensisk dollar2,17 = USD $ - US dollar1,60 (May 4 -23)
The high estimate of CA$2.50 and a low estimate of CA$1.75.
MarketBeat4, the current share price of Euro Sun Mining is C$0.05, which implies
a potential upside of 4232.75% (42 X) if the target price is reached.
My reflection; this is counting the gold price of today - the general math says
if the gold price increase by 10% then the share price can gain 40-50%.
Good luck all shareholders!
Hi guys, let`s see if we can get some action! The markets in general, are a bit slow.
Though I expect our catalysts for this quarter to be both the gold price if/when we reach 2100 dollars,
then the technical indicators are set for a strong rally.
The other catalyst would be the final environmental approval,
which is to be expected this quarter (if all go our way).
If you have not read the latest on the website, check this out;
No fluff, but straight facts and IMO a professional company;
https://eurosunmining.com/wp-content/uploads/...un_PPT.pdf
ESM/CPNFF facts & figures - from Presentation text;
14
Investment opportunity Strategic asset ESG commitment
Pre-tax NPV*
US$447m
IRR*
19.2%
LOM
~17 years
Gross revenue*
US$3.33bn
AISC
US$813/oz AuEq
First production
2024
Largest undeveloped asset in Europe
2nd
Largest undeveloped asset in the world
14th
Low-impact mining
zero wet tailings & zero cyanide
source; euro sun mining website
Gold Breaks Out after a $2,100/oz Monthly Close says Pro Mining Investor David Erfle
The company's shareholders, management, funds, retail investors, and the free float.
Latest update;
10 Apr 23 BuyCA$600 Grant Sboros Individual 10 000 CA$0.06
06 Apr 23 BuyCA$15,480 Grant Sboros Individual 258 000 CA$0.06
05 Apr 23 BuyCA$5,270 Grant Sboros Individual 92 000 CA$0.06
31 Mar 23 BuyCA$2,250 Grant Sboros Individual 50 000 CA$0.045
30 Mar 23 BuyCA$34,000 Grant Sboros Individual 800 000 CA$0.045
In total the 5 latest purchases by the CEO, the sum of close to 60,000 Canadian Dollars
info@eurosunmining.com for Investor Relations or see the company website.
The analyst consensus target price for shares in Euro Sun Mining is CA$ 2.14.
That is 3468.49% above the last closing price of CA$0.06 on 2023-04--11
Be aware of the various analysts'/researchers' and others' opinions on the stock.
Do your own due diligence and weigh the risk with the potential reward - GLTA
"Those LISTEN To Me Become Millionaires 2024"- Jim Rickards
Checked the 1-month chart now, slow yet steady uptrend.
The 2,5M the company will re-pay to officers and directors, comes from the first financing - then it was worth a lot more (see 2017 financing by the CEO and others).
I like this fact - as it is a motivation factor for all parts to make it a success story.
The institution's (funds) large shareholding is a guarantee the mine will be built.
With the huge resources, due diligence is a big part of considering investing.
As EU regulations and laws apply, things take time - but the upside is a certainty.
Given the increasing importance of self-sufficient in gold and copper, the EU Commission has a big interest in this project will be successful - big money and politics go hand in hand - the Romanian government can not afford to fail - that is why they early backed the company on all levels (it`s bigger than only Romanian interests itself).
Imagine the value in a year, when they are getting close to starting to producing
The company website; https://eurosunmining.com/
The Special Meeting Clarified Management Facts (Motivation).
https://www.juniorminingnetwork.com/junior-mi...dates.html
Ownership of the company etc - The disinterested shareholders of the Company also approved (a) the right of Lind Global Fund II, LP (“Lind”) to exercise warrants and conversion rights under a convertible security funding agreement between Lind and the Corporation (the “CFSA”), notwithstanding that such exercise may result in Lind owning more than 19.9% of the outstanding shares of the Corporation, (b) the issuance of greater than 43,723,878 shares of the Company to Lind, pursuant to the terms of the CFSA and (c) the issuance of up to an aggregate of 8,000,000 common shares of the Company in settlement of debts of up to $2,348,333 owed to certain officers and directors of the Company.
Now we have yet another fund, with the largest share of the company ownership.
The big money (funds) has the lion's part of the company - safer for the retail investor.
See the Special Meeting Facts, from earlier this year;
https://www.juniorminingnetwork.com/junior-mi...dates.html
Ownership of the company etc - The disinterested shareholders of the Company also approved (a) the right of Lind Global Fund II, LP (“Lind”) to exercise warrants and conversion rights under a convertible security funding agreement between Lind and the Corporation (the “CFSA”), notwithstanding that such exercise may result in Lind owning more than 19.9% of the outstanding shares of the Corporation, (b) the issuance of greater than 43,723,878 shares of the Company to Lind, pursuant to the terms of the CFSA and (c) the issuance of up to an aggregate of 8,000,000 common shares of the Company in settlement of debts of up to $2,348,333 owed to certain officers and directors of the Company.
50-90% Gain Within 5 trading days (if we stay above 2000) is a prediction for next week. Several reasons for this - though as usual, no guarantee.
Time will tell, who knows - we might even see a higher jump :)
Happy Easter to all!
Patterson Sees Gold Hitting All-Time High This Year
Euro Sun Mining Incorporated - ( 0.0600) 11:58 ET [ 0.0600 x 45000 0.0650 x 461000
for Thu, Apr 6th, 2023 - 20 Day Moving Average BUY
50-Day Moving Average BUY
Presentation;
https://eurosunmining.com/wp-content/uploads/2022/07/20220712-Euro-Sun_PPT_current.pdf
The board;
https://investorshub.advfn.com/Euro-Sun-Mining-Inc-CPNFF-16633
CPNFF or ESM - US and TSX exchange, is probably the best risk-reward ratio stock I`ve seen. A nice little move up today, my guess is we will see a bigger jump (in one trading day) next week. The recent news, can have a delayed effect and become visible then. If you are a shareholder, please help to share and we will follow this one together.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171627259
https://eurosunmining.com/
Good Article By Keith Schaefer On The Company
https://oilandgas-investments.com/2019/top-st...his-stock/
https://eurosunmining.com/
Did you guys notice the trading volume yesterday? If not - check it out. Depending on one trade the stock on OTC or TSX is a huge difference in volume. Not much on OTC yesterday - and the opposite on TSX, where it was a about 300% increase in the average volume.
Let`s see how things will be today.
The Most Important Weekly Close for Gold Ever
Euro Sun Minings Final Stage of Permitting
03/31/2023
TORONTO, March 31, 2023 (GLOBE NEWSWIRE) -- Euro Sun Mining Inc. (TSX: ESM) (“Euro Sun” or the “Company”) is pleased to announce it has submitted the key documents for permitting the Rovina Valley Project in Romania. The Company has submitted the Strategic Environmental Assessment (SEA) along with the Zonal Urban Plan (PUZ). These are the final permits required prior to seeking approval of the Environmental Impact Assessment by the Ministry of the Environment and subsequently the permits for construction. The two documents have been submitted to the Hunedoara Environmental Protection Agency and to the working group established by the EPA to consider and approve the documentation.
The working group is led by the Environmental Protection Agency for Hunedoara County and consists of representatives from various agencies and institutions across the county and the region.
Submission of the Strategic Environmental Assessment Report (SEA Report)
Euro Sun’s technical team has completed all the requirements for submitting the SEA Report, including several year-long assessments on the biodiversity of the proposed project area. The completed study satisfies all national and local requirements, and the Company expects approval of the SEA Report later this year following the public consultation and review process. The Company expects the public consultation to occur in mid-Q2 2023. The SEA is the environmental opinion on the PUZ or re-zoning plan.
Submission of the Draft Zonal Urban Plan (PUZ)
Additionally, our technical team supported by several highly experienced and qualified local architectural experts has also prepared all supporting documents for the submittal of the PUZ. These documents comply with all national and local requirements and the company expects approval of the PUZ in due course, during Q3 2023, following review by the relevant agencies. The PUZ is the legislated process for re-zoning the land utilized by the project footprint to allow for industrial use, and in this case, to construct a mining operation.
Sam Rasmussen, Chief Operating Officer, highlights that “Our local teams have been working diligently with authorities from the various working groups over the last several years in preparation for this important permit submittal. The diligent efforts and planning by our team with the working group ensure they are well prepared to receive and review the official documentation in accordance with the regulatory review process. We value the support and guidance of the regional government and look forward to continued support as we move through the permitting process and toward construction. We believe that the Rovina Valley project will provide access to significant employment and economic value in the Hunedoara area and would be a key strategic asset for Romania and the EU.”
Scott Moore, CEO stated “This submittal is the culmination of thousands of hours by our team and Romanian experts to deliver the most detailed and accurate SEA and PUZ report. Over the last several years, Euro Sun has worked diligently with local and national authorities to demonstrate the viability of the Rovina Valley project and how responsible mining is accomplished now and in the future. Two significant examples of responsible mining are the lack of cyanide in the Rovina Valley Project’s processing circuit and the placement of dry or filtered tailings, eliminating the possibility of catastrophic dam failure. The Rovina Valley project will provide strong economic benefits to all our local communities, the region, and to the Romanian State incorporating the highest environmental practices.”
Euro Sun will be a critical supplier of the key elements of copper and gold for the development of the European Union. We fully support Romania’s desire to open new mining operations in accordance with the highest environmental regulations to meet the ever-increasing demand for key metals in the European Union.
About Euro Sun Mining Inc.
Euro Sun is a Toronto Stock Exchange listed (and OTC) mining company focused on the exploration and development of its 100%-owned Rovina Valley gold and copper project located in west-central Romania, which hosts the second largest gold deposit in Europe.
For further information about Euro Sun Mining, or the contents of this press release, please contact Investor Relations at info@eurosunmining.com
SHARE if you care.
Almost 50% gain yesterday - told you! We will have, more of those "jump" now.
Good luck to all, we are on the right path again.
Euro Sun Announces $1 Million Private Placement
03/23/2023
NOT FOR RELEASE IN THE UNITED STATES OR TO U.S. NEWS WIRE SERVICES
TORONTO, March 23, 2023 (GLOBE NEWSWIRE)
-- Euro Sun Mining Inc., (TSX: ESM) (“Euro Sun” or the “Company”) is pleased to announce that it intends to complete a non-brokered private placement financing of up to 20,000,000 units of the Company (the “Units”) at a price of C$0.05 per Unit for gross proceeds to the Company of up to approximately C$1 million (the “Offering”). Each Unit will consist of one common share of Euro Sun and one-half common share purchase warrant of Euro Sun (“Warrant”). Each Warrant will be exercisable to acquire one common share of Euro Sun at a price of C$0.075 per share for 24 months from the closing of the Offering.
Closing of the Offering is expected to occur on or about April 14, 2023 and may close in one or more tranches. All securities issued in connection with the Offering will be subject to a statutory hold period of four-months and one day. Completion of the Offering is subject to a number of conditions, including without limitation, receipt of Toronto Stock Exchange approval.
Euro Sun intends to use the proceeds of the Offering for general corporate purposes.
The Company may pay finder’s fees to eligible finders in accordance with the policies of the Toronto Stock Exchange.
About Euro Sun Mining Inc.
Euro Sun is a Toronto Stock Exchange listed mining company focused on the exploration and development of its 100%-owned Rovina Valley gold and copper project located in west-central Romania, which hosts the second largest gold deposit in Europe.
London listing, production 2024 - are the pieces coming together in 2023?
Historic!
$1,990.70/ounce.
Monday, March 20th, if nothing eccentric happens in excess of what's already occurring, gold is set to upgrade its zip code to +$2,000/oz for the third time in its post-1971 era.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171485936
.
When we analyze this period in 10 or 20 years, I think that the one crucial takeaway will be that the collapse of SVB (along with the other banks that are under duress) marked the end of tech dominance.
The tech sector has made the dollar incredibly relevant since 2011.
Silicon Valley offered investors a glimpse into the world of dreams and growth; and the flood of capital into the United States, even in the face of zero interest rates, was spectacular.
The book on Silicon Valley growth stocks is closed. Investors want results and they want companies to show their business model is practical now – at this moment, not years into the future – and that is why trillions of dollars are leaving equities and entering cash and bonds.
Investors want full control and minimal market exposure. I got to tell you that this chart never fails to amaze me. In fact, I had it printed, framed, and sent as a gift to my hedge fund manager.
Courtesy: Zerohedge.com
The death of Silicon Valley dream investing means that the disproportionate flow of capital to the dollar and to the U.S. will now flip.
This flip has already started. All you have to do is look at the regime change in interest rate expectations and you'll realize the markets have entirely moved on from the idea of FED tightening.
The highest priority of the FED is not fighting inflation, as much as it is ensuring that it isn't the author of a severe credit event and a recession.
Therefore, this Wednesday, The FED is more than likely to still show its resolve in fighting inflation and sending a message that the economy is strong and can take additional hikes – in all likelihood, it will raise rates by 0.25%.
Gold has SURGED like Usain Bolt out of the blocks, because the market is 100% convinced the Federal Reserve has, essentially, reached its limit.
The U.S. banking system and shadow banking (pension funds, insurance companies, financial institutions, and the FED itself) are sitting on a POWDER KEG of long-duration Treasury bonds, and if those need to be liquidated in the face of mass withdrawals, just as we have seen last week, this entire house of cards could be derailed into a full-blown credit crunch of epic proportions.
The May meeting has already been priced in a PAUSE.
If two months from now, the FED has put its final stamp of approval on the effectiveness of further hikes, gold is beginning to price the cuts!
If you're like me, it's time to think about your strategy for the bull market, because gold's consolidation channel is OVER; the bull is back.
The June meeting prices in a CUT.
Why is this an earthquake?
Just 14 days ago, the June meeting was priced in a HIKE.
The projection was that the FED would end 2023 with the Funds Rate at 5.00% just 14 days ago, and today, the projection is 3.75%, LOWER than its current stance.
The king is back. The dollar might undergo a violent and sharp move down when the cut is announced. I expect gold to rally to $2,300 and am very confident that silver will see $30/ounce in short order.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171485936
Best Regards,
Lior Gantz
President, WealthResearchGroup.com
Yahoo Updated CPNFF/ESM Target; https://finance.yahoo.com/quote/ESM.TO/
1y Target Est 2.12 dollars - hmm... should be a 40-50 bagger if correct.
Time will tell, and the circumstances are all good for the gold price and the company.
https://www.theglobeandmail.com/investing/mar.../research/
Fed will pivot within weeks, the banks are collapsing and the shit hit the fan!!!
Now, doing math is a logical approach - the worst-case scenario I see is a 10X within a year (that is if things are stalling and they get a fair buy-out offer from a major producer)
At the end of the day - financing is ready, the last permission still awaits, and as the gold price will move up again (central banks worldwide are hoarding), the big money always has the last word.
It could be a European company to be the new owner - given the overall uncertainty in the world is increasing day by day - it`s free money on the table as I see it, though the time frame... who knows?
P. Lassonde interview today - may be the most knowledgeable within the gold industry.
https://www.goldstockdata.com/company/104-Eur...g-Inc.html
Misc 07/03/2022
Item Value Value Updated Value
Shares Outstanding: 177,000,000 177,000,000 07/03/2022 0
Shares (FD): 225,000,000 225,000,000 07/03/2022 0
Company Type: Mostly Gold Mostly Gold never n/a
Production ETA: n/a 01/01/2024 07/03/2022 n/a
Production (Gold Eq Oz.): (guess)
0 07/03/2022 0
Production (Silver Eq Oz.): (guess)
Initial CapEx (Outstanding): $350.00M
1674.67% of Mkt.Cap $350.00M
3526.19% of Mkt.Cap 07/03/2022 $0.00M
Funding Option: n/a n/a 07/03/2022 n/a
The Globe And Mail " 3 CAD target price today;
https://www.theglobeandmail.com/investing/mar.../research/
New management team (partly) old CEO no longer CEO - a big change for the ESM. The majority of locals benefit big time, new jobs, and energy to a small town and surroundings
- with experienced miners, as Romania has a long mining tradition.
I just give one more example, possibly the most important. Authorities on all levels and the government have openly supported the project for several years now.
The power of the resistance is simply not strong enough - on all levels. At the end of the day;
the massive environmental program ESM is committed to is so over the top that it will
probably be the most environmentally friendly of all large mine developers.
Romania is now an EU member - with harmonized legal requirements, all steps must be done!
"Lassonde curve" for ES Mining OMG! Given we all want a quick and high ROI -
I remain my view on ES Mining as my number one investment.
https://eurosunmining.com/
Lassonde curve info; https://www.bing.com/search?q=lassonde+curve+mining&cvid=bac5dfcb0dbe4b2980869da13f4727d7&aqs=edge.1.69i57j0l2j69i61.8559j0j1&pglt=43&FORM=ANNTA1&PC=WSEDDB
Media attention - https://eurosunmining.com/media/ - see "Image Gallery" https://eurosunmining.com/wp-content/uploads/2022/01/2abacf13-8f7c-4c1d-84cf-cc9c4dba2506.jpg - images of the local support to the people in the area, Euro Sun Mining has learned what it takes
The keywords to success; "Responsible development of strategic metals within the European Union" - the past 5 years have not been easy for the company, and the past cyanide use and other issues are still in people's memory. Still, the majority (and all local and national authorities, the government also) realize this evolving mine is not comparable to the bad mining projects (see ESM commitment to the environmental permit application)
31 January; "Euro Sun Announces 2023 Special Meeting of Shareholders Results and Other Corporate Updates" See the website article; https://eurosunmining.com/investors/
All investments carry risk - though weighing in the probabilities of success and starting mining 2024 - 2025, is very favorable IMO.: Personally, I invested again - now with a 0,075 CAD average = if/when reaches 75 CAD cents, it is a 10-bagger.
.
Woah...! Read the latest news;
https://eurosunmining2021tf.q4web.com/tsx-ann...fault.aspx
THE BIG JUMP - IT WILL HAVE HIGH PROBABILITY TO COME WITHIN THIS MONTH.
Re-fill time - it won't get cheaper!!!
Given the shareholding as of today - I think major shareholders (gold funds and related funds) are preparing to increase their positions big time. They play the long game and the situation will be de-risked further when the last environmental permit will be in place.
Gold at Nine-Month High
One Month Gold 5% + Silver 2% Minus
https://goldprice.org/spot-gold.html
Hot Stocks In Play: Euro Sun Mining Inc
Euro Sun Mining Inc Announced that the Hunedoara County Environmental Protection Agency has successfully completed the Strategic Environmental Assessment approval process for the Urban Zoning Plan of the Rovina Valley Mining Project and issued the Environmental License.
5-Day Change+0.0100 (+15.38%)
20-Day Moving Average BUY Strongest
https://eurosunmining.com/
Like ketchup... first, nothing, then more of nothing, and at last comes everything.
Insider Transaction Numbers And Date Insider Name Title Buy/Sell Number of Shares Average Share Price Total Transaction Shares Held After Transaction Details
5/12/2017 Geoffrey Scott Moore Insider Buy 10,000 C$0.00 C$0.00
5/5/2017 Geoffrey Scott Moore Insider Buy 10,000 C$0.00 C$0.00
5/4/2017 Bradley Dean Humphrey Insider Buy 5,000 C$0.00 C$0.00
5/3/2017 Geoffrey Scott Moore Insider Buy 10,000 C$0.00 C$0.00
4/28/2017 Geoffrey Scott Moore Insider Buy 10,000 C$0.00 C$0.00
4/27/2017 Geoffrey Scott Moore Insider Buy 10,000 C$0.00 C$0.00
4/26/2017 Geoffrey Scott Moore Insider Buy 10,000 C$0.00 C$0.00
2/2/2017 Geoffrey Scott Moore Insider Buy 1,000 C$0.88 C$880.00
1/25/2017 Geoffrey Scott Moore Insider Buy 2,000 C$0.85 C$1,700.00
(Data available from 1/1/2016 forward)
This page (TSE: ESM) was last updated on 1/14/2023 by MarketBeat.com
Ex-CEO Geoffrey Scott Moore Is Today On The Board Of Directors.
Eric Sprott Financing This Project (one of them) gives confidence.
Look at his track record on mining stocks... one of the best in the USA!
Euro Sun is a junior mining company with an exciting gold-copper project in Europe that is nearing
a decision to start construction and allow the company to become a producer.
It is focused on the development of the Rovina Valley gold-copper
project in Romania where a completed DFS has shown
the project to be economically very robust.
Euro Sun is well-financed and has strengthened its management team. It is now awaiting the
final environmental permit to move the mine into the construction stage.
Despite the positive progress, the shares remain very undervalued
and offer significant upside relative to its peers.