EMR 0.86% $3.46 emerald resources nl

Yep, finally, it's started to move (again). I bought some time...

  1. 2,285 Posts.
    lightbulb Created with Sketch. 513
    Yep, finally, it's started to move (again).

    I bought some time back when I analysed the projects and AISC and capex, and management holdings.

    It stayed low for a long while because it's in Cambodia, and there was the Cambodian elections, and because of the environmental lobby, and because of the low gold price. It's managed to break all of these restrictions recently.

    golddiggers, from what I can see, that report is generated by an A.I. bot based on the technical trading pattern. I'm a fundamentalist, so I ignore them, because it's obvious the stock has been rising in price, and I don't need an I.T. algorithm to spit out a report and tell me so. But thanks for posting, these things are always interesting.

    I'm happily sitting here on a 2.8 cent average with a full compliment of shares, and will do so right until a year or possibly two years past production.

    It has a number of issues to resolve yet. The funding. And after production, the consolidation, but they will take care of themselves I believe, as most good projects do. We need a stable Cambodia, with the strong man being elected for another 5 years, which is good for EMR shareholders, even though human rights activists might not agree.

    I think this will be a good project, and I'm expecting it to further double in price from here (4.4 cents) over the next 18 months.

    Gw
 
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Last
$3.46
Change
-0.030(0.86%)
Mkt cap ! $2.516B
Open High Low Value Volume
$3.60 $3.65 $3.36 $12.86M 3.748M

Buyers (Bids)

No. Vol. Price($)
1 6394 $3.44
 

Sellers (Offers)

Price($) Vol. No.
$3.47 72581 5
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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
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