EM2 3.39% 5.7¢ eagle mountain mining limited

Ann: Mineral Resource Estimate Increased to 28Mt @ 1.35% Copper, page-46

  1. 428 Posts.
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    Appreciate that this company recently raised capital at 6 cents but now with short term funding out of the way, I expect a nice little re-rate to be coming soon. With copper prices over $4.00 a pound, I can’t see how this company’s share price shouldn’t start to trend upward in the near distant future. I think a few investors from the recent raise have been selling off as of late due to only wanting to hold the options and not the heads/options but that is good for a long term holder like me, happy to pick up shares at 5.4 cents yesterday. I’ve always said this is a nice little bolt on acquisition for other producers in the neighbourhood (plenty of copper and good infrastructure) as a back up plan so downside here in my opinion is quite well protected. With Charlie Bass at the helm anything is possible, he controls this company’s destiny and I am happy being a long for the ride especially at this share price level. Cheers, CP.
 
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Last
5.7¢
Change
-0.002(3.39%)
Mkt cap ! $22.39M
Open High Low Value Volume
5.9¢ 5.9¢ 5.7¢ $25.16K 437.0K

Buyers (Bids)

No. Vol. Price($)
5 110591 5.7¢
 

Sellers (Offers)

Price($) Vol. No.
5.8¢ 50000 1
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Last trade - 15.11pm 22/07/2024 (20 minute delay) ?
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