RE:BuyoutTolsa????Who are they????
Basically Emerita is all cashed up (assuming all warrants have been exercised) to drill and its far too soon to sell out. They may be talking, but its away too early to be talking about a buyout.
The Infanta surface strike direction based on surface samples released today looks very promising in terms of offering the potential to increase Infanta's tonnage (and grade). With the diamond drill program designed to test deeper ore intersections...that also has the potential to increase the deposits tonnage and already stellar grades. I look at this deposit more as an appraisal project as opposed to an exploration play. Definitely lower risk.
I am not as familar with Romanera, but the recent surface assays released today looked surprisingly good. More drilling to add tons and grade is required.
I am not sure I would do anything (ie spend money on) with El Cura at this point..Its a weak lead.
Lastly...I suppose most shareholders are looking forward to the court reversing the award of the Aznacollar deposit....and awarding it to EMO...Aznacollar is one of the largest volcanogenic massive sulphide deposits in the Iberian copper belt...however EMO's play to just focus on the underground high grade will reduce the tonnage to ~20my tonnes.(per Mr Gower's interview) with ramp access. I hope that management does more drilling, but leaves the expense of ramp building to the next guys....
Anyway--just my two bits. I like this play and see a lot of potential upside.