Emerita Resources Corp V.EMO

White knight strategy splained by Gower

[Ogopogo007]

Clearly the CEO has little faith in the pinkie swears over at CEO.CA re preventing a buyout until $4B MC

In recent interview he talks about CA's being signed "incase a white knight is required"

Always good to have a white knight in back pocket in case a low ball offer comes along

The 2 choices shareholders have...dilution to build out a mine or selling and let others build it.

BFS cost $20M+ on top of drilling costs...small wonder shareholders bail during Development phase

Another 7 cents higher in SP and I have my 10 bagger here, other shareholders have different entry points or ACB due to buying more shares at higher costs.
Of course one sells a lot fewer shares in a 10 bagger than 2 bagger to take "the free ride" and redeploy initial capital into next 10 bagger. The compounding can be quite remarkable.

To each their own investment strategies

[Moneycat]

OGO...I am a little confused on your postings.  You say you are a shareholder yet your posts go from subtle bashing to outright bashing...what is your schtick all about. You brag that you are close to a 10 bagger yet you take stabs at the company and Gower.    I think Someone needs to re check their meds !!!

[Ogopogo007]

Moneycat - my investment thesis is drill results and BFS IRR% will dictate if this co gets a buyout offer and a multi-bagger profit to me. What Co bashing? Have you seen a BFS as yet? No and won't for many months. Do I drink BB koolaid...NO but do point out the SP games being played ie the rogue P&D member that posted over on CEO that it was time to short EMO down to $1.60. SP actually

[Ogopogo007]

Yup...cluelass twits a chirping...can't provide an answer to Q's so they just chirp.  Dumb like a rock

[Evensteven3]

No dumb like a rock can't see the value in the size of the resource and doesn't know how to do simple math to come up with a reasonable MC target.

[Finallytherock]

Ogopogobozo is not a shareholder. The stock has shot up so in order to save face and more embarrassment, he's pretending he owned shares and made money. Typical amateur basher move. No one believes him. He didn't make anything on this stock 

[Moneycat]

Exactly what I thought Finally....the Ogopogo is a snale like creature in the Okanagan....looks like this might be our resident snake on Stockhouse !!

[Finallytherock]

I take comfort is seeing he's pretending to have owned shares. Essentially he's admitting defeat and now he's going to say he's short at these levels. And then when we go higher, he will say he owned shares and is shorting so the cycle of BS starts again. He's a goof and he knows it. At no point has he made any money here. He's lost a ton but he thinks he can keep

[Maharasso]

@Finallytherock ...He didn't make anything on this stock  Yes he/she did make an embarassment of him/herself

[Evensteven3]

Hey moron, they will be getting huge funding from the EU as part of there $ 3.5 billion investment in mining companies right under EMO'S feet. You have been bashing since ce the stock a $1, now piss off

[Ogopogo007]

Point well made about the EU...they stepped up big in last PP didn't they

[GripnRip]

Ogo - interesting points Over on CEO a lot of the pumpers there were blaming "warrant selling" for recent SP trip to $1.40 range, just another form of how dilution hurts shareholders Unsure how one "sells warrants"...usually they get exercised and the money goes into the Co treasury  but truth and facts matter little to that P & D gang

[Maharasso]

GripnRip you guys have been bashing when EMO traded below CAD 1.00 and now we are at C$2-43. I take that anytime

[Finallytherock]

These bashers lightweights. You have to laugh when grip or ogopogobozo try to scramble to save face. 

[Moneycat]

I have a feeling Grip is Ogo.....he just answers himself/herself !!!!

[Finallytherock]

It's certainly possible. A tactic bashers employ. Create multiple aliases