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Empress Royalty Corp V.EMPR

Alternate Symbol(s):  EMPYF

Empress Royalty Corp. is a royalty and streaming creation company providing investors with a diversified portfolio of gold and silver investments. The Company is primarily in the business of structuring and creating precious metal royalty and streaming agreements for its own portfolio. The Company is focused on small to mid-tier producing or development stage mining companies. Its investment portfolio includes Sierra Antapite, Tahuehueto, Manicaand others. The Sierra Antapite mine is located in Peru, owned by the private corporation Sierra Sun Group, through its 100% owned Peruvian company Sierra Antapite S.A.C. Mining Unit. The Tahuehueto silver project is located in Mexico, owned and operated by Luca Mining. The Manica is located in the Odzi-Mutare-Manica Greenstone Belt of Mozambique. Its exploration portfolio includes Coldstream, Miner Lake, Greenoaks, Mud Lake, Empress and others. The Pinos project is owned by Candelaria, and is located in high-grade historical gold.


TSXV:EMPR - Post by User

Post by blackgold14on Mar 29, 2021 11:17pm
329 Views
Post# 32904015

Seriously Getting Pounded

Seriously Getting PoundedI'm a little surprised that the stock has gotten and continues to be seriously pounded lately.  Of course, a few investors who participated in the latest financing were liquidating some or al of their positions in order to pick up the warrant in the deal but normally once such bought deal financings close, the price adjusts quickly to reflect the big vote of confidence by the investors. It will be interesting to see how quickly the stock consolidates and then turns sharply higher.  My guess is that the company will be announcing some acquisitions fairly soon - this could be the trigger IF the deals are going to produce immediate or very short term (2021) cash flow for Empress.  Looking at the stock chart, I suspect that the parties involved marched the stock down from the $1.20 level, all the way down to the $0.50 level because they wanted cheap stock in a quality up and coming gold/silver royalty stock.  I've seen this happen quite a lot in the past.   The dilution associated with the financing should not be a serious problem for the company going forward if it executes and acquires substantial cash flow with the funds.  I see a new Metalla possibly forming with this company if they can execute and limit dilution in the near future. 
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