ERL 0.00% 0.3¢ empire resources limited

Ann: Milestone First Gold Pour - Penny's Find, page-53

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  1. 76 Posts.
    lightbulb Created with Sketch. 16
    I prefer ERL actually.
    $140m market cap versus $11m, were you really expecting them to be comparable?
    ERL offers far greater upside potential. IMO. Plus now has cash coming in and about to target higher grade ore.
    Easily worth $30m in my calculations, especially if they prove up the underground mine.
    Not to mention Yuinmery sitting in the background, copper price soaring to highs not seen since early 2014 and expect that to continue with copper.
    ERL could easily be $50m+ market cap in under 12months.

    MOY is unlikely to offer those sort of potential returns with a market cap of $140m.
    Last edited by SilverFuture: 17/10/17
 
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Mkt cap ! $5.935M
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