Hey Bin, cheers for the reply. So you think they would not be looking at something that is in production? I realise that the current project, was all about getting it into production, but they have proven to be able to build and run a project, so... those skill would still fit a company that is perhaps under-performing operationally?
As you say though, perhaps its getting very hard to find unloved projects. Some of the valuations I read about for Canadian based gold explorers/developers seem very high, considering most of their projects plan on spending $400m+ CAD on getting their projects into producton.
I also kind of think they may have missed a fairly opportune period of time in the last 3-4 months when many in the sector were hard hit share price wise.
Cannot deny I am surprised about the recent share price weakness. Not on large volumes of course.
EMR Price at posting:
93.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)