EM2 1.45% 7.0¢ eagle mountain mining limited

Ann: Further High Grade Results Support New Resource Modelling, page-33

  1. 74 Posts.
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    I was thinking along the same lines, having finally got around to looking at the annual report. (That's what Sundays are for, I suppose.)

    Seems to be a good resource in a good jurisdiction. I had just assumed it was stuck in the orphan phase and I'd have to bide my time until they started mining or the copper price had a boost, but the size of the debt did surprise me in the sense that I had forgotten about it.

    As the price stands now I could double my holding for a quarter of my original entry figure, and I am tempted because I am a believer in copper. But if they are going to be struggling for cash for the next few years I might just sit on what I have got and hope for the best.
 
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