EMLI've recently taken a position in EML, I like the deposit, and now these latest results of 480m @ 1.5g/t seem to confirm what I was hoping to see, a large low-grade bulk tonnage type. 480m is nothing to scoff at, we may be seeing the infancy of what could become a world class deposit.
The only thing I don't like is the dilution, but I think this deposit's potential outweighs the negative conotations of a big float (not to mention the other projects EML has.)
So for now I will continue to hold (and maybe add to my position) and wait see how this plays out.
Goodluck to all.