EM2

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6.3¢ eagle mountain mining limited

Ann: Exceptional High Grade Results at Oracle Ridge, page-38

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johnnycrash

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02/04/21

11:43

Post #: 52224089
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Originally posted by SoftBrie: ↑

Why Em2 will never sustain 70c in 2021
TLDR; nothing fundamental is going to change in the financials and investors are looking for bigger hype.

I see all these apes talking about $1 shares, and an upward trend for Em2.

Y’all are in dreamland.

And based on the level of slobbering enthusiasm and spelling errors, likely board members too.

Two things rule this jungle. Real progress and sustained hype. This project has neither.

Until they release a mining study with actual teeth (ie >$500m NPV) or evidence of a larger secondary porphyry, (with viable tonnage), then why would any big investors touch this historic backwater project? For its Plucky Potential? That’s for retail apes.

As for Hype, a month between updates is not going to cut it.
Do you know what’s happened in the world in the last month? More than your smooth brains can retain, that’s for sure.

Until there is a 24 live feed of 10% core, spewing out of the drill rig, (or some leaked nudes of captain Big-beard here), then this just gets drowned out in the hum of the every other junior with a limpwristed project.

And a second rig won’t do jack. (Assuming it turns up at all.)
Have a real good look at where the first rig has even been drilling. They’ve been suckling on the teat of “known deposit step outs” the entire time and are being as aggressive as my chihuahua after I had it neutered. what is this second rig even slated to do?

1- Similar sized step outs? Not gonna give you significant tonnage anytime soon. Needle still hovers on empty.

2- Riskier big-baller targets? Likely more failures and thus still the same amount of news flow. Or worse, more negative news flow.

So until they get aggressive with more rigs, (or hire a Hollywood producer) 2021 will see this stock eeking along at the whim of whatever random act befalls it, but ultimately hover where it is.

Call me in Q4.

Expand

I think you have a Superiority complex. What are your other HC Names ?
No One knows what will happen this end of the market , Its all guess work.
Its all a Gamble. The Guy running the show has had success before Why not this time as well. If you are going to Abuse me go ahead, Water off a ducks back. ;0)
Im still in, and hope for a great outcome.

EM2 Price at posting: 68.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

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(20min delay)
Last 6.3¢		Change 0.000(0.00%)		Mkt cap ! $24.75M

Open	High	Low	Value	Volume
6.3¢	6.5¢	6.0¢	$30.62K	486.2K

Buyers (Bids)

No.	Vol.	Price($)
3	84926	6.0¢

Sellers (Offers)

Price($)	Vol.	No.
6.5¢	667795	3

View Market Depth

No.	Vol.	Price($)
3	300847	0.059
1	195824	0.058
1	198888	0.057
1	100000	0.056
4	188100	0.055

Price($)	Vol.	No.
0.065	667795	3
0.066	68000	1
0.067	28500	1
0.068	1100	1
0.070	1100	1

Last trade - 16.10pm 12/07/2024 (20 minute delay)

EM2 (ASX) Chart

Ann: Exceptional High Grade Results at Oracle Ridge, page-38

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

ASX hits all time high out the gate on Friday trades following bullish US inflation data

Bitcoin investors need to know the risks

Almonty locks in govt agreement for tungsten oxide plant in South Korea

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Nimy to raise $1.21M to explore 'newsy' WA targets

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Immutep reports strong response rate from immunotherapies treating carcinomas

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

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Ann: Exceptional High Grade Results at Oracle Ridge, page-38

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SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Nimy to raise $1.21M to explore 'newsy' WA targets

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Immutep reports strong response rate from immunotherapies treating carcinomas

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Featured News

Buyers (Bids)

Sellers (Offers)

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