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Iemr Resources Inc V.IRI

IEMR Resources Inc. is a Canada-based mineral exploration company. The Company's principal business activities include the acquisition, exploration and development of mineral properties. The Company, through its wholly owned subsidiary, PineTree Resources Inc. owns a 100% interest in certain unpatented mineral claims known as the Pine Tree copper-molybdenum property (the Pine Tree Property) located in the Pilot Mountains in Mina, Nevada, United States. Pine Tree property contains porphyry, molybdenum-copper-silver deposit and includes approximately 61 mineral lode claims covering an area of approximately 1320 acres located in the Pilot Mountains Mining District in west-central Nevada. The Pine Tree Property is located approximately five miles east of the town of Mina, Nevada, halfway between the cities of Reno and Las Vegas.


TSXV:IRI - Post by User

Post by Roddiggition Feb 18, 2021 9:44am
111 Views
Post# 32594445

IRI.V Hits 52Wk & 3Yr High

IRI.V Hits 52Wk & 3Yr High52 week high & 3 year high hit yesterday. Stock is finally getting some appreciation, but still undervalued given the potential. Shells with the same cash and float trade for 3-4 cents right now. Market not giving any value yet on a proven Copper/Silver/Moly asset in a safe jurisdiction like Nevada. I think a minimum $6+ million market cap is fair right now, then hopefully some drill news coming in less than 2 weeks when year end results are out. $1 million cash and company is frugal on spending extra G&A, so that's a positive.
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