Steady as She Goes

We’ve just had the lowest volume week in EMH in almost 2 months and there’s no denying it has been a bit of a yawnfest.

After looking like it was going to really take a pummeling at 15.5c, EMH rallied and closed the week at 18c – not too bad given the circumstances.

There’s no doubt in my mind that some more accumulation needs to be done around current levels to clean out the dead wood before EMH can resume its inevitable ascent. This accumulation may take a day or it may take a week or two – who knows?

Irrespective, EMH holders are sitting on the best value lithium stock out there. Cinovec is perfectly located, the deposit is HUGE, drilling results show the uniformity of the deposit, REM is a large, supportive shareholder, management is working for the benefit of all shareholders and the AIM listing is not too far away.

Considering all this, EMH is a low risk, high return play for those who enjoy investing in such situations.