EM2 3.39% 5.7¢ eagle mountain mining limited

I view this as a very good comparison regarding disconnect...

  1. 428 Posts.
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    I view this as a very good comparison regarding disconnect between our market cap and comparable copper plays with established resources aka CNB as you have pointed out. Both companies will be publishing a scoping study very soon so will be interesting to see the economics for both. We have very good infrastructure already in place as well. I’ve always maintained this company is a nice buyout play for anyone in the area looking to expand. Nice bolt on acquisition.

    Now that the cap raise is out of the way and I suspect the flippers have been flushed out (placement holders who merely flipped the stock so they could retain the options), this is a coiled spring waiting to release. With copper price finally doing what everyone expected it to do, this has a good 2-3x upside in my opinion to become comparable market cap with CNB which I think it should be. I have averaged down over the past 6-12 months and have a cost base of 6.4 cents. I still can’t believe people were willing to sell this in the low 5 cent range with the impending copper shortage. Cheers, CP
 
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Last
5.7¢
Change
-0.002(3.39%)
Mkt cap ! $22.39M
Open High Low Value Volume
5.9¢ 5.9¢ 5.7¢ $25.16K 437.0K

Buyers (Bids)

No. Vol. Price($)
5 110591 5.7¢
 

Sellers (Offers)

Price($) Vol. No.
5.8¢ 50000 1
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Last trade - 15.11pm 22/07/2024 (20 minute delay) ?
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