EMR 2.34% $3.94 emerald resources nl

Euroz Hartleys Site Visits., page-16

  1. 12,118 Posts.
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    I guess the site visit has been the real catalyst for the recent share price strength.
    Perhaps also in anticipation of the upcoming MRE update?
    @beanpea - Any thoughts on what the MRE might reveal?
    I am guessing from the Sprott report they are more than likely to not just replace the reserves already mined, but add to the current reserves.
    Perhaps pushing the mine life out to 10 years? Perhaps EMR is also having some more success with the drill bit in Cambodia too...
    Hopefully a great outcome for all stakeholders, as EMR are basically the gold sector in Cambodia, and what they do on the ground will hopefully mean more opportunities for EMR and the countries population.

    For those interested, Sprott just re-adjusted their gold price predictions.... they obviously like EMR!

    https://hotcopper.com.au/data/attachments/5023/5023297-8f616cb65ee5b90e2c76ac90a5784795.jpg
    https://hotcopper.com.au/data/attachments/5023/5023303-0cb2f66652c945c85f84b82239982e27.jpg

    Good luck to all holders.
 
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