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Bullboard - Stock Discussion Forum Emerita Resources Corp V.EMO

Alternate Symbol(s):  EMOTF

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

TSXV:EMO - Post Discussion

Emerita Resources Corp > Got to love the P&D fake doc fleecing the sheep
View:
Post by Ogopogo007 on Mar 18, 2022 7:45pm

Got to love the P&D fake doc fleecing the sheep

@Drjimjones @nikom Depends on spot prices which is a moving target from day to day

Um...financing for mining operations usually use historic pricing...freak ORE.to used $1250 gold IN PEA...still didn't have to give up a stream / royalty and currently on Golden Runway for 1st pour Q3 this year.

Nobody but nobody built a mine based on spot pricing of a commodity...but pump up spot zinc pricing 'cuz the newbies are pretty clueless that with zinc...lack of smelter capacity is causing high prices...not supply. Which is what mines do...supply to smelters.

Pretty fuzzy numbers  basing $$/ton in the ground based on spot refined prices

Retail...the crop that never fails

JMHO
Comment by Evensteven3 on Mar 19, 2022 9:15am
Hey Ogopogo007, do you ever get tired of being wrong?
Comment by GripnRip on Jul 12, 2022 10:30am
Lookingh at posting history, EMO share price now under $1 I know who I believe has been "right" and who (TwitSteven) has been "wrong"  Seriously wrong, an epic fail at investing
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