Bullboard - Stock Discussion Forum Emerita Resources Corp V.EMO

Alternate Symbol(s): EMOTF

Metals & Mining Industrial Metals & Minerals

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... see more

Add To Watchlist

TSXV:EMO - Post Discussion

Emerita Resources Corp > How Many Assays Are Already In The Stock?

View:

Post by Blazesb on Aug 25, 2021 1:24pm

How Many Assays Are Already In The Stock?

While I don't pretend to know the answer it does nicely frame how i view all things EMO presently. Because of the all-superlatives-applicable work of DocJ the share price is...high!

And rightly so. His work publicizing the historical assays has us where we are...considerably richer on paper in my own case.

As the assays confirming his thesis are evidently going to come out one or two at a time--not a guarantee of future volume i'll point out as i do expect backups in the lab to result in both larger gaps of time between releases and larger bundles of those assays--we will find out the answer to the question.

The first three assays haven't budged the share price. That will change as a critical mass of information accumulates with each assay released.

I look forward to each and every one of those assays like a kid on Christmas morning waiting for his parents to wake up.

Cheers.

202

Comment

Comment by FarmerInvestor4 on Aug 25, 2021 2:29pm

Me too... I firmly believe that although the assays are wonderful, it may take the actual NI 43-101 report to get bigger players (Fund Managers, Investments Houses etc) fully on board. Doc's research has been invaluable for us little retail people to "Grab a Pair" with less risk...., but I am of the camp that the actual re-rate of the share price likely comes when ...more

121

Comment

Comment by Finallytherock on Aug 25, 2021 4:04pm

When do you expect that report?

Comment

Comment by FarmerInvestor4 on Aug 25, 2021 9:34pm

I am not sure.... I don't know know how many assay results are required to have an official NI 43-101 Report. This may be a better question for a geologist or someone more experienced in mining reports than me. I do know the first round of financed drilling is 5,000 meters.... There was discussion that a second drill is being added for an additional 5,000 meters, but can ...more

107

Comment

Comment by StockDoc60 on Aug 25, 2021 4:39pm

Let's not forget that one pending court decision on Azancollar will likely set this stock on a huge upward trajectory irregardless of the pending assays on IBW!.

Comment