Electric Metals Inc ECCMF

RE: EMI's time to shine?

[johnny310]

i dont think so!!!......  just the quarterly pump and dump :P(and no one want to play anymore ) i've seen the movie i know how it end !!!:) and
they are just burning cash  and nothing is happening  they'll need a PP inside the next 6 month otherwise theyll run out of cash  that mean more dillution    insiders hold like 2%  of out shares and arent even interested of buying at this level they just know its going nowhere!!!


https://www.sedar.com/DisplayCompanyDocuments.do?lang=FR&issuerNo=00008118


Lack of Cash Flow
None of the Company’s properties have advanced to the commercial production stage and the Company has no history of earnings or cash flow from operations. The Company does not expect to generate material revenue from mining operations or to achieve self-sustaining commercial mining operations for several years. The Company has paid no dividends on its shares since inception and does not anticipate doing so in the foreseeable future. Historically, the only source of funds available to the Company is through the sale of its securities. Future additional equity financing would cause dilution to current shareholders 




250k on the ask at close....