7 million ounces of Gold ( Measured & Indicated)
1.4 Billion lbs of Copper (Measured & Indicated)
Mining License issued and ratified by Romanian Governmen t] in
Nov. 2018; valid for 20 years and renewable.
Past-producing region – excellent infrastructure in place :
rail, power, paved access, skilled labour, and town of 13,000
within 5km of the project
Completion of Urbanization Certificate and BFS in 2020
Website and presentation; http://eurosunmining.com/_resources/presentat...tation.pdf
Part 2 .
Euro Sun Mining (ESM: TSX) is my Gold Stock of the Decade. This company has EVERYTHING I want to see:
(OTC+TSX+ London Q2 2021) CPNFF:US Message Board
CPNFF:US RSS Feed
Board Mod: Ulf53
Asst Mods: Open position
(THIS TEXT IS FROM A ARTICLE; https://oilandgas-investments.com/2019/top-st...his-stock/ )
PERSONAL NOTE; The Numbers Is From 2019, Update in Development Progress (Mining Start is planned Q1 -Q2 2021) Ounces has been added + life of mine, etc.
Euro-Sun-Mining-OTC TSX London-Q2-202 1 -CPNFFUS
The second article, more recent; (July 2020),
One of the most undervalued GOLD stocks around
Euro Sun Mining (TSX: ESM | OTCQB: CPNFF)
NOTE; https://www.valuethemarkets.com/2020/07/23/on...tcqbcpnff/
More information; :
SIZE–10 million + ounces of gold equivalent, in Europe , permitted for production in an area where large scale mining has been done for over 100 years.
Only 71 million shares out and cashed up with a recent financing
Management bought this financing (and their average cost is still close to $1/share–higher than today’s price!–NO cheap stock on this company!)
CEO Scott Moore and his team have an incredible track record in adding value for their shareholders–their last four projects are now in production
DIRT cheap valuation vs. peers
A “Popcorn” market for gold stocks–they’re popping all over right now.
This company has leveraged both in the ground and in the share structure, and a management team that can–and has–delivered the goods.
I think I’m going to make A LOT OF MONEY on my 150,000 shares–the numbers I laid out for you in my last email say I have a great chance of making 20x my money–$1,000,000 for me if I’m right! For me, it’s The Gold Stock of the Decade.
When I bought the stock on the 30-cent financing, Euro Sun was valued at just $2.50 per ounce of gold equivalent (some copper) in the ground. At 60 cents it still leaves a potential 22-bagger on the table for every investor today; 2,200%!! This is not my opinion, it’s from the hard numbers in the table below: UPDATE; Nov 2020. With the significantly higher gold price, we have a lot MORE of potential today than 22-bagger now![/u ]
Acquirer Seller/Asset US$ Per Ounce
Coeur Mining Northern Empire $115
Orion Dalradian $50
Sandstorm Gold Mariana Resources $226
Agnico Eagle Mines Santa Gertrudis $86
Eldorado Integra $128
B2Gold Papillon $108
Goldmining Inc Bellhaven $11
McEwen Mining Lexam VG Gold $36
High Valuation $226
Low Valuation $11
Median Valuation $97
Average Valuation $95
At 80 cents a share, Euro Sun is still a potential 17-bagger–1672% to be exact!
[b ]Great Location, Permitted, Highly Economic[/b]
Investors have abandoned this sector and nobody is looking at what these companies are actually doing.
Euro Sun Mining owns 100% percent of the 10 million ounces Rovina Valley Project in west-central Romania — a developed and secure nation that is a member of the EU and NATO. And it is PERMITTED for production.
This is a perfect place to operate a gold mine. This is an established and prolific mining region with THREE large gold mines located within 40 kilometers (25 miles) of each other. There are over 40 million ounces of gold in this Tethyan Gold Belt–this is like Nevada, or Red Lake Ontario, or Johannesburg South Africa. But nobody knows about it in North-America .
Rovina is official #14 in the world for gold deposits . Though I don’t want to be a bad guy, I will say, that 7 or 8 of those ahead of Rovina will almost certainly never see production. The last four assets that Euro Sun CEO Scott Moore has owned are all in production. This is second largest in Europe 2020 .
The local labor force is skilled and hungry to work and there are excellent road and rail infrastructure already in place. The mining permit arrived last November when the market was collapsing and nobody was paying attention. This is HUGE!
Another huge advantage….the cost of power in Romania is DIRT cheap at just $0.07 per kilowatt-hour.
The geology here is simple and everything lines up for this to be a very large, very low-cost project. It’s got huge size, low cost and one of the best teams–It’s the Gold Stock of the Decade.
The i ndependent , third-party engineers who completed Euro Sun’s February 2019 Preliminary Economic Assessment (PEA) of Rovina Valley peg the projects operating costs at just $752 per ounce.
That puts Rovina Valley’s operating costs in the lowest 25 percent of the industry.
My only concern? Euro Sun shareholders get robbed of this project with a near-term takeover by a larger player for just a triple or quadruple on my money. Shareholders deserve MUCH more.
With gold prices at $1,300 (OLD price) per ounce, a $752 ounce operating cost makes for some fat margins.
And their CAPEX is DIRT cheap for a mine this size–just over $300 million-plus a contingency.
Developing this mine will be so simple –nobody has to move, there’s no using cyanide and no wet tailings. (Dry stack tailings are rapidly becoming the new standard for mining, and CEO Scott Moore’s team is embracing that.)
Rovina has:
low capital costs,
low operating costs,
skilled local labor,
PERMITS,
full social license
The combination of low operating costs and low cost of development makes for a powerful economic combination……..and a no-brainer takeout target for every larger operator in the industry.
Now, I would buy the stock just for all that, but when I tell you what CEO Scott Moore has done in the very recent past, you will understand why this is my Gold Stock of the Decade. I think I can make $1 million here.
CEO SCOTT MOORE HAS MADE OVER $1 BILLION
FOR HIS SHAREHOLDERS!!
Management, management, management. CEO Scott Moore has shown the Market and shareholders time and again he is one of the best financial minds in the mining game, worldwide, regardless of commodity.
Moore specializes in brownfield development, not green fields, which is discovering a new deposit and turning it into a mine 10 years later.
He and his team buy an unloved asset with some warts on it and do all the tough work, i.e. a new mine plan, permitting, financing, etc. Anything in-the-ground or above-the-ground, Moore’s team has shown they add HUGE value in a short amount of time. Here is a quick list of some of his recent GOLD successes:
1
This chart above is the #1 reason I own the stock.
If Moore had just 1 million ounces in Tim-buck-too, I would back this man. He delivers. But here he has TEN MILLION OUNCES of gold equivalent, in a European country. You see all that money Scott has made his shareholders in the last decade? He never had an asset this big. Think about what he and his team can do with this. You don’t have to think–I’ll tells you. They can make it a 22-bagger–I hope!
When you meet him, he is not flashy. He is an MBA, but he is a down-to-earth, matter-of-fact, roll-up-your-sleeves and park-the-ego-at-the-door kind of guy.
The 10 million ounce Rovina deposit is one of the most sought after gold assets in the world. Moore bid FOUR times for this deposit before convincing the seller to part with it. Last year, Euro Sun was $1.80/share with this asset and no permit!
Few Stocks Can Make Me $1 Million.
My Gold Stock of the Decade-Euro Sun Mining-Could Does It.
I have a chance to make more than 20x my money on Euro Sun–and I think it could happen in a short period of time, gt could be double digits and still not fully valued.iven the gold market I’m seeing lately. Nobody is embarrassed if this stock is at $4; every metric says i
I could tell you more about how profitable Rovina will be. I could get into more detail about Moore’s previous wins. But I think I have painted the right picture here. The valuation on gold developers like Euro Sun are crazy cheap, and ESM has a team and a near term plan to get it into production–the short term value creation here is incredible! T his is the right stock at the right time.
On top of that, it’s a tight stock, and management’s cost on their stock is right in at this price level. No cheap stock and Euro Sun just cashed up.
Gold stocks are very perky right now. The Market is looking for gold stocks. When Euro Sun gets discovered, I think it will move BIG and move FAST. I wanted to get positioned–count me long and a bit biased, therefore–before the Market gets wind of it. And you, dear reader, are the very first group to hear about this story. Many other groups will after today.
IMPORTANT;
The second article, more recent; (July 2020),
One of the most undervalued GOLD stocks around?
Euro Sun Mining (TSX: ESM | OTCQB: CPNFF)
NOTE; https://www.valuethemarkets.com/2020/07/23/on...tcqbcpnff/