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Emerita Resources Corp V.EMO

Alternate Symbol(s):  EMOTF

Emerita Resources Corp. is a natural resource company engaged in the acquisition, exploration, research and development of prospective mining properties in the Iberian Pyrite Belt (Spain) with a focus on traditional base metals (zinc, lead and copper) and precious metals (silver and gold). The Company has a 100% interest in the Iberian Belt West (IBW) project. It also holds the Nuevo Tintillo project, both located in the Iberian Pyrite Belt in southern Spain. The IBW Project encompasses three polymetallic deposits: Infanta, El Cura, and Romanera. The IBW Project is located in the western part of the belt, adjacent to the border with Portugal, approximately 144 km west of Seville and 50 km from the port city of Huelva. The Nuevo Tintillo project is located in the eastern part of the belt, in Seville Province, between the deposits of Aznacollar, in the southeast, and Rio Tinto in the northwest. It encompasses 6,875 hectares (with 7,625 hectares pending) and has a rectangular shape.


TSXV:EMO - Post by User

Post by Blazesbon Aug 04, 2022 4:35pm
167 Views
Post# 34872280

Great News In A Bear Market

Great News In A Bear MarketToday's drilling results confirm two things. 

1.  Finally, a significant number of assays cleared the lab.

Today demonstrated--thanks to forward looking mgmt which built a cash hoard of 20+ million--the drills will turn and the proven resource will grow one drill core at a time.  

 2: We are in a bear market in which nothing moves the needle--i.e. share price--and there is not a thing the company can do about it.
 
I couldn't care less about the share price as long as the assays continue to increase the resource.  This bear market won't won't won't won't acknowledge great drill results until one day it will.

Cheers.
 
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