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Emerita Resources Corp V.EMO

Alternate Symbol(s):  EMOTF

Emerita Resources Corp. is a Canada-based natural resource company engaged in the acquisition, exploration and development of mineral properties in Europe, with a primary focus on exploring in Spain. The Company has a 100% ownership interest in the Iberia Belt West (IBW) project located in the Iberian Pyrite Belt in southern Spain. The IBW Project encompasses three polymetallic deposits. The IBW Project is located in the western part of the belt, adjacent to the border with Portugal, approximately 144 kilometers (km) west of Seville and 50 km from the port city of Huelva. The Nuevo Tintillo Project consists of one exploration permit comprising 227 mineral claims in Seville province, in the Western part of the Iberian Pyrite Belt and covers over 6,874 hectares. Its La Infanta Sur Project consists of one exploration permit comprising 28 mineral claims in Seville province, in the western part of the Iberian Pyrite Belt and covers over 848 hectares.


TSXV:EMO - Post by User

Post by Blazesbon Aug 04, 2022 4:35pm
151 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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