EM2 1.79% 5.7¢ eagle mountain mining limited

Low trading volumes lately, and apparently zero shares traded...

  1. 505 Posts.
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    Low trading volumes lately, and apparently zero shares traded this morning with buyers and sellers locked at the horns. Two holes already assayed, the next holes can't be far off coming out of the lab.

    Copper price is up 33% in 6 months, and the trend looking to continue up, this resource is increasing in value every day. What we had six months ago is now worth millions more. The expanding resource is already cost effective to mine, so we could start using a sub 1% Cu grade cut-off to model the orebody. Not exactly sure what the running head grade of a copper circuit is, but there is usually wriggle room for dilution with lower grade material when mixed in with the best ore, certainly in gold this is the case.
    Bring on the assays!!!!


    Last edited by Danimaux: 12/11/20
 
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