EM2 3.70% 5.2¢ eagle mountain mining limited

Ann: September Quarterly Report and Appendix 5b, page-20

  1. 3,020 Posts.
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    Buying anywhere sub 10cents is almost.stealing.

    As.for.CR and dilution it's inevitable when dealing in the junior market. It's how management handle it and so far I think they have done ok on the capital front. The proof is Bass loan of 3million and not a placement at the time for the $3mil.

    Not out of the woods yet far from it. A long way back up from here but at these levels it's hard to see any significant downside. Been able to pick up a few bundles in the low 7s.

    After the new MRE I wouldn't be surprised if there was some firm guidance on cash.
    Don't forget the company has been actively looking for off takes. We'll that's what they say.

    Atleast we saw some green and that volume taken out at .068. Someone spent a few dollars.

    Cheers
 
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