Market cap is everything for EMR. So small, any semi decent discovery should really jack the sp right up. As for the oppies, they definetly seem to be a good bet right now however, it seems alot of people disagree..re selling @9-10c today after ann. Ive written Valentine off as of the last Val ann, that is not to say there is nothing there. As for Stokes, seems very promising. If significant discovery at Stokes, i predict maybe 60-80c on real shares. That makes EMRO 45-60c roughly, not bad returns in my book! Not based on any formal evaluation, im no expert!
If Stokes DOES come through and we DO get decent numbers from Palito, and EMR DONT reach these levels, (which considering the seemingly pesimistic market sentiment towards this stock [especially compared with EGO] wouldnt suprise me).....there is something wrong!
Just my opinion guys, from current market observations!
EMR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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