Firstly go and research Charlie Bass corporate history, he has a history of developing projects to a certain stage, then on selling them, being the major shareholder, he will decide what is fair value, if it is sold.
Secondly go and read the (RXM) Rex Minerals announcement yesterday and see the premium, someone is prepared to pay, from a beaten down valuation, the Bedwetters/Panty Pissers , have been smashing share prices down for the last two years on projects that have a significant economic future, maybe some are seeing good opportunities to buy at what could turn out to be heavily discounted prices, maybe the tide is starting to turn.
The exploration targets identified at Silver Mountain, look significant, I wouldn’t be selling this for a few (pips), plenty probably will though, plenty more to play out here IMHO.
GLTAH
EM2 Price at posting:
5.2¢ Sentiment: Buy Disclosure: Held
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