During the quarter discussions with the Ecuadorian Government and two large Chinese mining houses have been initiated. These discussions are focussed on specific advanced exploration and mining projects in Ecuador.
If successful the results of negotiation will involve the incorporation of a Joint Venture which will include the Ecuadorian Government, one or two major mining companies and the Company.
The exploration and mining projects under discussion are large scale and advanced, so the Company is working diligently to evolve a positive outcome to add value to shareholders.
#StrongBuy
#ChristmasRally
#DYOR
SAY Price at posting:
3.3¢ Sentiment: Buy Disclosure: Held