ERM 3.33% 6.2¢ emmerson resources limited

Ann: Quarterly Activities Report, page-6

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  1. 1,378 Posts.
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    As well as the nice grades and shallow depths of the Edna Beryl drilling - I don't think Mr Market has woken up to the fact that ironstones 3 and 4 have only been tested in limited number of drill holes so far, and are proving to be just as good as ironstones 1 and 2 in places where they even have data. The December Hartleys report alludes to this, but we haven't seen a good cross section or plan with the position of all Ironstones 1 2 3 & 4 all in the one place yet, so it makes it a bit tough to get a handle on at the moment.

    With these results in mind I am buying a few more today as its more proven gold at a slightly cheaper entry price than when I first got in so a bit of a no-brainer for my particular circumstances.
 
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6.1¢ 6.2¢ 6.1¢ $60.54K 977.0K

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1 40000 6.0¢
 

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