I know NCZ is bigger and at surface BUT they are still under the...

I know NCZ is bigger and at surface BUT they are still under the 3 percent.

With EMX their capital costs and costs of extraction are low because the infrastructure and access is there. EMX were targeting production within 12 months but based on the resource statement are looking at a plan to BRING THIS FORWARD. They could potentially be one of the first if not the first of the explorers into production.

EMX has done a lot of drilling and there are a number of areas that are above 6% for early drilling. You're right -40% probably won't stretch far, but it is a positive sign.

If they go into production soon, they will take advantage of current high prices which may not be there in a few years time when the others climb aboard. They can wait another decade for the cycle to come around.

I have put my money where my mouth is. I can see the arguments for RVR and to a lesser extent NCZ which is clearly where your money is. Screenshot the SP of all three and then again in December and we'll see how we fare. Hopefully all three will boom.