Good Morning all,
Nice Spring like day here. Sun rising like a giant fireball in a clear blue sky. Three days back(Sunday) it was snowing. Oh well thats England for you.
Down to shares. There is a mining share that is interesting its ticker symbol is EMED. Currently it is 21p around 50cents. What makes it interesting is that it is attempting to re-open The Rio Tinto copper mine in Southern Spain. the previous owners mismanaged it due to falling copper prices at that time. The Government now require guarantees on future management with regard to the environment. If the local Government grant them the Permit the share price is expected to climb to 150p and might go to 500p with time due to the current high demand world wide for copper. We should have an answer to this question within the next few months.
EMED have also uncovered gold deposits in Slovakia which underpins the current price of 21p. They also have interests in Georgia, Cyprus and a stake in a sister mining company in Turkey.
Just as an aside it is run by two of your guys. That came to Europe to show us how mining is done.
Certainly a share to keep on the right side. If they get The Permit then we should see some fireworks. dyor
regards
Acamas
HDR
hardman resources limited
