EM2 1.89% 5.2¢ eagle mountain mining limited

EM2 Chart, page-74

  1. 509 Posts.
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    I like the last paragraph of the article: "“We reiterate our view that the price setting marginal tonne a decade hence will come from either a lower grade brownfield expansion in a mature jurisdiction, or a higher grade greenfield in a higher risk and/or emerging jurisdiction. None of these sources of metal are likely to come cheaply, easily – or, unfortunately, promptly.”"

    EM2 have a higher grade brownfield resource that can be mined relatively cheaply and promptly. The processing infrastructure will take capital and time, but the ore can be mined immediately. This is a huge advantage. Just need to dig behind the couch cushions to find a few coins to get through the summer.
 
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