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5.7¢ eagle mountain mining limited

My broker, who as many of you are aware, is a broker to the...

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Spongieman

538 Posts.

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16/04/21

11:34

Post #: 52515519
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Originally posted by Danimaux: ↑

Fantastic rock-chip results at surface, from what looks like malachite-encrusted gossan. Malachite can carry very high Cu grades, in a weathered and concentrated form of the underlying orebody source.

Importantly the orebody appears to be daylighting, indicating the possibility of ore from surface, reducing economic risk by potentially bringing returns in from first blasts during mining operations. Might be a bit of a stretch to draw this conclusion from some surface chips, but let's not dampen the enthusiasm here!

Yet again a strong announcement indicating the huge potential of OREX with some evidence backed data.

Let's get that second rig up and running and poking holes in there. Hopefully management is negotiating permissions to drill, as low disturbance exploration activities like rock chip sampling can only take the prospect so far.

Great work Eagle Mountain!

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My broker, who as many of you are aware, is a broker to the brokers (and also got me into this at 20c and stopped me selling at 70c), thinks this could be EM2’s 2nd future deposit with a lot more tonnage. His parting words before hanging up to take another Eagle buy order from a client was to "keep buying".

Listen to CEO Timmy Mason
https://vimeo.com/537501536

EM2 Price at posting: 89.5¢ Sentiment: Buy Disclosure: Held
7 Upvote

1 Great analysis

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(20min delay)
Last 5.7¢		Change 0.001(1.79%)		Mkt cap ! $22.39M

Open	High	Low	Value	Volume
5.7¢	5.8¢	5.7¢	$8.562K	149.2K

Buyers (Bids)

No.	Vol.	Price($)
1	28813	5.7¢

Sellers (Offers)

Price($)	Vol.	No.
5.8¢	76500	1

View Market Depth

No.	Vol.	Price($)
1	28813	0.057
2	65384	0.056
7	382531	0.055
1	350000	0.054
2	200000	0.053

Price($)	Vol.	No.
0.058	76500	1
0.059	37198	2
0.060	102000	1
0.061	34500	1
0.062	86089	2

Last trade - 16.10pm 29/07/2024 (20 minute delay)

EM2 (ASX) Chart