The math is the math updated resource calculation
AUEQ = 21.7 Million Ozs of Gold @ 6.54g/t
Full report ceo.ca/@Drjimjones/the-math-is-the-math-emerita-resources217-million-ozs-aueg-at-654gt
Price is price. Period. In the short term it tells you only that. The price. It alone is not conformation of a thesis nor does price disprove a thesis. Price changes from day to day. What proves or disproves a thesis is data. That’s it. With Emo nothing has changed accept we cleared the public comment period and are closer to adding 3 more rigs. That’s a positive. These Paper tigers who show up here on a down day or during market sell-offs and declare they were right about their bashing are as silly and stupid as me going to their public channel on every up day and declaring I was right. Seems some of them have fragile egos because they were proven wrong by the science and math and industry evaluation models based on known resources or have never resolved themselves about being called out for being deceitful. Broadly It’s a rough market right now that’s no secret. Use it. Know what you own and focus on your best investment thesis’s and ignore the noise. For myself Emo remains my best thesis especially at the current price compared to what they have and what they could grow into. It’s undervalued. Period. Don’t think I’m right here’s an example Fil reported a monster hole on Jan 19 stock was above $16 today below $14 so does that mean it’s over and Fil is done. Ofcoarse not. Price in the short term means zero especially when the data is strong. And there are short term Macro dislocations draining liquidity out of the markets. There are many more examples but just know what you own