ERM 3.33% 6.2¢ emmerson resources limited

Ann: Large Porphyry Copper and Epithermal Gold at Kadungle NSW, page-31

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  1. 352 Posts.
    lightbulb Created with Sketch. 15
    Speckman, its not the promise of results,,  its the unwinding (selling) of over 50m shares (I think over 20% of the share registry) that has impacted the SP in an otherwise low market depth.  

    Check the pdf. I watched as a spate of these were dropped, whenever the market got interested.


    And thats not counting Chinova.. I can't see whey people can't see it?

    Anyone that watched the share price (and read the announcements, - particularly significant shareholder disclosures)  over the past two years had stomach cramps whenever Stark dumped a tranch in a low depth market rise. To such an extent that I spent a fair amount of time researching why .. it appears it was quite an innocuous exit for a very good corporate reason.

    BK has timed his entry perfectly as I can see it. Other significant SH's are still accumulating.
    And it just might take a decent catalyst to have the market peer into their assets a little closer..
    Last edited by Quirkus: 24/07/17
 
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