DocJ today on ceo.caWhile DocJ really does try to keep us in the loop nonetheless ceo is his home and the primary go-to source on EMO. Here is one of today's posts.
@Drjimjones This is the last boring week for a while in the broad market, after labour day the whole financial sector ramps up.
Over the next month we have several company specific catalyst.
1) at least 2 batches of drill results possibly 3 that include the step-out beyond the historical resource
2) The release of the DEEP EM SURVEY property wide on the IBW, thus far the work completed has shown the conductors (the High Grade creating Mineralized structures) continue below 400 meter at La Infanta, only historically tested to 120m, and along strike EM shows for at least 1200m, only historically defined to 400m, Conductors continue below 400m at La Romanera, only test to 350m, A fourth deposit near La Infanta is very possible the gravity and Em show that, David was very excited by that data, which if proved is a real game changer for project, EL Cura data not done yet where historically multiple high grade lens were mined at as high as $2300/ton near surface. El Cura data as well can yield multiple deposits.
In the end IBW can go from 3 deposits of +30mt to 5 deposits with +50mt of high grade.
3) high possibility of a TRIAL DATE set for Aznalcollar. This is also a big one each step forward towards the resolution bring that massive lightening rerate forward and once resolved (legal team believes it will be quick the real potential of a buyout or bidding war is on the table.)
We have a very prodcuctive 5-6 weeks ahead.