|Bid||0.075 x 0|
|Ask||0.080 x 0|
|Day's Range||0.0750 - 0.0750|
|52 Week Range||0.0650 - 0.1450|
|Beta (3Y Monthly)||0.32|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
VANCOUVER , Nov. 21, 2018 /CNW/ - Eros Resources Corp. (TSX.V: ERC) ("Eros" or the "Company") and our 100% owned subsidiary Bell Mountain Exploration Corp. are pleased to update our shareholders with regard to our Bell Mountain gold-silver project in Churchill County, Nevada . Two years ago the U.S. Department of the Navy issued a notice of its intent to conduct an environmental impact statement ("EIS") regarding the proposed expansion of the Fallon Range Training Complex on lands administered by the U.S. Bureau of Land Management ("BLM"). The Company's Bell Mountain project falls within the immediate vicinity of the proposed expansion and was subjected to a two-year moratorium on any new work to advance the project. The initial two-year moratorium expired on September 1, 2018 but was extended for an additional four years of mineral withdrawal while the Navy completes its EIS. This extension was announced in the U.S. Federal Register on August 31 , 2018. Owing to special efforts by Company staff and consultants, the Bell Mountain project was specifically listed as exempt from the new withdrawal notice. Although certain Navy restrictions are expected to affect the project, the exemption allows for the project to advance in the near term.
Every investor in Eros Resources Corp (CVE:ERC) should be aware of the most powerful shareholder groups. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often Read More...