US gold price under pressure, but will hopefully soon run up. Interest rates can’t be moved fast enough, so US inflation will get worse.
EMR is printing cash even at USD$1,850. The company needs to finalise this BE purchase; quarterly report must be decent again; and they must drill WA and Cambodia like demons. Next 12 months could really set the company up for years. If Memot delivers; WA delivers and there are some wise acquisitions, who knows? I’m thinking there’ll be a 50% share price rise over the next 6 months.
I fear the US is a financial mess and this is only beginning to unwind!
I trust Simon Lee AO, Morgan C. Hart, Ross Stanley and co.
EMR Price at posting:
$1.19 Sentiment: Buy Disclosure: Held
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