EM2 18.3% 5.5¢ eagle mountain mining limited

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  1. 514 Posts.
    lightbulb Created with Sketch. 105
    Its frustrating. Management should definitely look to find a long term cornerstone investor.

    Peak fear though right now in the market regarding raisings. Every piece of good news is being seen as a trick for those to sell into. Its across the board, not just EM2. No one is a winner if this carries on as everyone will just be diluted and diluted and the company will need to raise every quarter to do anything meaningful.

    Vultures are swarming, they get in on a raise, then sell out for a small profit. Probably get some options for their hassle too!
 
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