EMR 3.86% $3.49 emerald resources nl

waiting waiting waiting, page-3

  1. 135 Posts.
    Get realistic -

    They are likely to delay further work on SB till next year after the wet season. There is also no action here till Alice in 2008 1st Quarter, so what is the most like option? The share price will just be a leaf in the wind, dictated more by market factors than by actual company performance. You won't see any action here till Mar 08. Now is a good time to buy if you in for medium 6 month holding strategy, but to expect any rise now would be premature.

    This share will settle at 11 cents and likely hold there till late Jan at least. Do not expect any further action from SB - the lack of announcements and enthuasium from ARC clearly show this is being delayed and shifted to next year.

    Things will happen just not anytime soon.
 
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