If the statement that the final environmental permit will come around late January or February holds... then there are things to consider for us small retail investors.
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.
A construction permit is then the final step to start preparing for mining.
The big boys with a majority of the shares will yet increase their position. Why? Cause then they will be in charge of the show as the largest owners (in the power) of the construction-ready Euro Sun Mine.
Question; do you want to get in before or after the final permit? Cause we all know this will be the game-changer - the stock can go to the moon quickly when the BIG MONEY does a re-fill of dirt-cheap shares.
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.
A construction permit is then the final step to start preparing for mining.
The big boys with a majority of the shares will yet increase their position. Why? Cause then they will be in charge of the show as the largest owners (in the power) of the construction-ready Euro Sun Mine.
Question; do you want to get in before or after the final permit? Cause we all know this will be the game-changer - the stock can go to the moon quickly when the BIG MONEY does a re-fill of dirt-cheap shares.
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Euro Sun Mining Inc (CPNFF) Stock Research Links
Robert