EM2 0.00% 6.3¢ eagle mountain mining limited

Ann: Exceptional High Grade Results at Oracle Ridge, page-65

  1. 505 Posts.
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    WOW, all time high today of 84 cents and a 22:1 buy to sell ratio. Only 7 people have their shares up for sale, no wriggle room for the indecisive.

    Dr. Copper is punching back up toward the sky with ten year high prices sustaining, super strong indicator for the year going forward being good for EM2..

    EM2 still is undervalued at $135 million MC, it could easily be twice that by the end of the calendar year at this rate.

    MRE upgrade will be interesting, the step out drilling, whilst criticised by some, is the only way to evaluate a resource with any integrity to the numbers. Keep doing what you are doing EM2, it is working and it was only a matter of time until the wider market woke up to this quality explorer. Soon enough there will be plenty of money laid out on the table. I still think it would be a good move, and expected, that a cap raising would come in at these all time highs to put a big lump of cash up for more drilling, securing at least three more quarters.

    Sure, it'll dilute the register a bit, but not too significantly. Any losses would quickly be regained and surpassed, as has been the case several times before here.

    Better get back to my crayons...
 
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