Emerita Resources Corp V.EMO

IBW vs Matsa

[Drjonestwitter]

Matsa Comp. Ibw grade is +50% higher and outcrops at surface, Matsa ore begins 200-300 meters down, Adding 2 million tons at La Infanta alone = Ibw resource will be greater in dollar value then Matsa, upon conclusion of 2021 drilling of La Infanta and Romanera Ibw will vastly eclipse Matsa resources value. https://cdn-ceo-ca.s3.amazonaws.com/1gk8r2e-23B9940E-0F4C-4869-9581-9948D354F3C9.jpeg-. Matsa: 3 deposits, 32Mt @ $290/ton = $9.2 Billion in resources, beginning +200 meters below the surface IBW: 3 deposits, 14Mt (so far) @ $500/ton = $7 Billion in resources, beginning at surface IBW has much higher grades, outcrops at surface and is open to expand by more then 100% Matsa is valued at $2 Billion - $400 million for the existing mill and development = $1.6 Billion for the resource, discounted by 25% for margin of safety = $1.2 Billion implied Comp Value of IBW min. $1.2 Billion / 220 Million shares out FD = $5.46 USD per share in value just for IBW alone. 3 high grade deposits: La Infanta, El Cura and Romanera. The numbers do not include the potential for discovery on Ibw or the potential on the other 6 land packages added to IBW increasing its scale by over %300 https://cdn-ceo-ca.s3.amazonaws.com/1gk8rd7-DB13CBFF-8D4A-4CEA-88FA-47FC09789A1A.jpeg-

Data based on verified facts. Understand the difference between fact a bash-fictions. Class dismissed. Doc Jones

[Johnny6565]

Providence Gold Mines IncV.PHD Alternate Symbol(s):  PRRVF Assays results on Monday !   If the assays are strong PHD is going up! PHD does have an excellent Chance at  being very successful! PHD has been successful so far and is now drill ready! Success share price potential 10 to 100 bagger.