Boy It's Quiet Out There - But for How Long?

This week's volume in EMH was the lowest since the end of March when EMH was flying under the radar of almost everyone but then suddenly sprouted wings and jumped a few hundred percent in quick time.

I guess that EMH is not alone out there during the European/US summer time doldrums. There are plenty of stocks on my watchlist doing nothing or near enough to it. Stocks usually drift down in price and not up, so I look at it positively that EMH is trading, however thinly, between 11.5-13c.

EMH has been ominously quiet on the news front of late. Still no JV with LIT and it would be nice to know how they're going with the AIM listing, which, I believe will be the real catalyst for EMH.

EMH will be doing EXACTLY what Bacanora did when it listed on the AIM. BCN was trading in Canada before it listed on the AIM. I don't know whether EMH will also be undertaking a cap raising at the time of listing (like BCN), but they'd be stupid to be doing so IMHO as, if the EMH share price performs post-AIM listing like BCN's, they'd be better off raising post-listing.

BCN was trading quietly in Canada around the 60c level and then suddenly it jumped to $1.50 upon the AIM listing. I can see EMH doing the same; the only difference being that EMH's market cap is a lot lower than BCN's before their AIM listing.

Yes, EMH, like many other stocks in the current market, is very quiet; but I doubt it will be for much longer.