Sentiment I thought i'd post and respond to a ceo.ca post to which I found myself shaking my head, not in disagreement with the bullishness...I am as bullish on emo as they come...but with the gee whiz tone of the thing.
My comments, indicative of my own sentiment these days, are grounded not in wishful thinking but in reality and are highlighted in yellow..
@Wineaux I agree with you @CopperHunter, that there are many green days in our near future. Here are just some recent highlights:
1) Major overreaction to this week's press release linking admin decision to criminal decision. As @divine_dividend astutely observed: "We traded time for certainty." We did no such thing. There is no certainty whatsoever to the judicial outcome. Not because EMO doesn't have the strongest case possible, which it does, but because it is a petty god known as a 'judge' who decides. Judges answer to no one. If the admin court judge decides for the opposition then EMO mgmt has guaranteed their right to an appeal including the criminal court's data. That's all.
2) Judge has been named which implies that the sentencing will occur in 2022. Wrong. The case is yet to be tried. Someone must be found guilty to be sentenced.
3) @RedMetal says that multiple majors will initiate coverage once Romanera's drill results are published. Current ones are too old to be 43-101 compliant. Agree, not because RedMetal (whoever he is) says so but because EMO is wholly driven now by drill results.
4) Long outstanding assay results must be coming. So is Christmas.
5) Admin court has made its decision and 'telegraphed' that it's aligned with the criminal court. Wishful thinking. It is fear of the administrative court (see my comment re:judges above ) that drove EMO mgmt to petition the admin court to delay it's decision
6) Another positive Clarus report with target price of $5. Yawn. .
7) ANZ is now priced out but should start to be priced back in as people understand that it will happen Again. See my comment re: judges.
8) David told @AaronG that there will be a press release next week and that they are pushing hard. Yawn.
9) Political pressure being ramped up to move the ANZ mine forward ASAP to create jobs. Uh huh. Yup. Sure.
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10) David's interview with @DrJimJones reminding everyone that our CEO has tremendous integrity and experience. Great guy i'm sure but frankly i'd be just fine with a moral reprobate as long as he possessed Gower's skill set. Gower has worked wonders and that's why I'm entirely on board.
This is perhaps the best time to be buying EMO shares in the last 10 months. The project has been greatly de-risked compared to the last time. Yes because the shares are dirt cheap. Not because the project has been 'de-risked'--that will take up to four years of drilling 60,000 meters a year..