EMC 0.00% 12.0¢ everest metals corporation ltd

Ann: Quarterly Activities Report - March 2024, page-10

  1. 1,308 Posts.
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    It's the gold that will potentially make EMC a great Co. imo.

    With Mt Dimer's 48,500 oz resource about to be mined... subject to approvals... as management say's.... "The current AU$ gold price provides a favorable environment to potentially deliver robust returns." smile.png.... cash flow.biggrin.png

    There are reasonable expectations of good results from the Revere 36,000t sample.... @ 2g/t + AU will be a good result with a positive cash result from the campaign.... @ 5g/t plus .... get ready for lift off. rolleyes.png..... it's a very exciting prospect and a potential Co. maker imo.

    With the low SOI.... the SP will move quickly and anything that's high grade and shallow will multiply the MC .... there are not a lot of shares available with top 20 having 40%. stake.
    If you want in.... you're gonna have to pay.

    MC of say $180M.... 10 x the current MC does not seem unreasonable.... gold being what it is atm.redface.png

    All systems are go with EMC atm.... just need good results from the sample.
    In a world of uncertainty.... there's a lot to look forward to with EMC. cool.png
 
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