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

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Emerita Resources Corp > Historic drilling vs current...lifted from elsewhere

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Post by GripnRip on Mar 18, 2022 10:03am

Historic drilling vs current...lifted from elsewhere

@nikom @drjimjones historical weighted average seems to be around 773$/t rather than 1000$/t. Simple average is around 1000$/t (using Feb 2 prices)

However, my intention was not to nitpick on your model. My only point is, people seem to believe that the newly drilled intercepts have increased in grade and width compared to historical, when they simply have not. These are still great grades, but historical drill holes were better.

Wonder when pumper doc will figure out...data has changed and starts selling...like over at OYL where he was pumping $10+ SP but was selling at $3

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