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Emerita Resources Corp V.EMO

Alternate Symbol(s):  EMOTF

Emerita Resources Corp. is a Canada-based natural resource company engaged in the acquisition, exploration and development of mineral properties in Europe, with a primary focus on exploring in Spain. The Company has a 100% ownership interest in the Iberia Belt West (IBW) project located in the Iberian Pyrite Belt in southern Spain. The IBW Project encompasses three polymetallic deposits. The IBW Project is located in the western part of the belt, adjacent to the border with Portugal, approximately 144 kilometers (km) west of Seville and 50 km from the port city of Huelva. The Nuevo Tintillo Project consists of one exploration permit comprising 227 mineral claims in Seville province, in the Western part of the Iberian Pyrite Belt and covers over 6,874 hectares. Its La Infanta Sur Project consists of one exploration permit comprising 28 mineral claims in Seville province, in the western part of the Iberian Pyrite Belt and covers over 848 hectares.


TSXV:EMO - Post by User

Comment by wallpaper2on Jan 11, 2022 3:47pm
80 Views
Post# 34305282

RE:Headed Back to $4

RE:Headed Back to $4Really....Drill permits not active until the end of February.
Drilling not likely until mid March according to the fake doc I believe.
Based on past experience from the company/labs... assays not likely until April-May.
No idea when azn court decision coming and likely see appeals or lawsuits following..
If azn is not awarded to emo then a drop in share price a given.
To achieve the necessary N43-101 report and establish accurately whether you have a economically viable deposit, it is necessary to drill HUNDREDS of holes and spend as much as  a $100 million.
 That takes a very long time and would require the wannabe doc/indiana jones and his puppet pumpers to carry on their BS all summer.
Can you trust them..Look what happened with NBLC .  The fake doc said they were drilling in early September and assays would be out the first week in October.  The share price ran from .60-$1+ and back down on heavy selling volume and hype from the usual pumpers. They allowed it to shoot up, people unloaded and when it retraced they finally let the public know that they didn't really start drilling when they said they did. A news release finally said " we encountered deep sand and a lack of water in the desert like landscape."  "Tires weren't suited in sand" they said. I guess they didn't know the sand was there and there weren't any rivers or lakes nearby?
Do you think the reporting has been or will be any different with emo?  Just asking.
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