ERM 0.00% 6.2¢ emmerson resources limited

Ann: New drilling, drone survey results as mill locked in for TC, page-12

  1. 461 Posts.
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    Apart from MTRCO39 of 25m at 2.57 g/t
    MTRCO 40,41,43 results 45m at 0.06 g/t,45m at 0.03 g/t and 30m at 0.03 g/t.
    Plus the other 6 drill holes not announced so assumed NSI ?
    ERM will earn 6% royalty of this.

    You are correct that Edna is the main reason I invested in ERM.
    At 30g/t and 100% ERM anyone would be interested.
    Reason I sold was the poor decisions and delays.
    You know the story.... EBMC, shaft, the JVs, etc etc.

    Have I come back yet ? No
    If they can prove drilling Edna in October of course I would be interested .
    SP still near 5 year low and my exit way higher than it is now.
    If SP higher by time that actually do start drilling so be it.
    Prepare to pay the higher SP as I feel Edna results should be excellent.

    Oh .... as top 20 ERM holder I hope all your others are winners.

 
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