ERM 0.00% 4.7¢ emmerson resources limited

Ann: Exploration Update Presentation, page-12

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  1. 834 Posts.
    lightbulb Created with Sketch. 67
    .
    Giffy,
    Speckman is right.
    My position is that I got in cheaply ages ago and the amount that I have tied up
    is not large and not more than I can afford to lose.
    .
    The history of the Tennant Creek Goldfield is this. There have been several
    very high grade, very profitable but short lived mines and so some of us hope
    history will repeat itself. Do a Google search for some interesting history.
    .
    ERM is a gamble.
    The share price will probably settle back to six or seven cents again soon.
    .
    At the moment I would rather buy EVN, NST, RRl and even DCN.
    .
    You asked for ideas. You got 'em.
    .
    Lastly, never over extend yourself.
    .
 
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