/biz/ - Business & Finance

>>20487093

Drew Stegman gives the case for Euro Sun in this video:

https://www.youtube.com/watch?v=IG3lX324zO8

It has the second-largest gold deposit in Europe, and, since 2018, has got the approval of the Romanian government for its project. Departures Capital also talks about it here:

https://www.youtube.com/watch?v=sRe44xQgaLk

The stock looks extremely cheap. Only 17% above its February high, and still 24% below its May peak.

[@Konik] @Skookie , i agree , but most of the development stage projects, trade around 0.35-0.45 X NPV . $ESM has an NPV OF 550 million US (assuming 1750$ gold and 2.6 copper) and trades at less than 0.1 X NPV .So even if gold stays here its a 4 bagger easy . Anything more than 1750 gold provides real torque to the NPV. 30 Jun 2020, 18:07

@Smiledoc Sprott wouldn’t pay 39 c a share if he hadn’t taken a super close look at what great things these guys are up to. HUGE potential 17 May 2020, 21:25

https://ceo.ca/esm