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3.33% 6.2¢ emmerson resources limited

Next Drilling Report, page-33

  1. Quirkus
    352 Posts.
    lightbulb Created with Sketch. 15
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    24/01/17
    10:41
    Post #: 22097468
    JR,,, was referring to the general post, and it relates to his lead in comment..

    "No doubt the price of gold will influence the share price in the future but it is not relevant at this point in time IMO."

    He refers to not mining ,, so can't value based on POG.. not true.

    I guess everyone to their own opinion.

    I think a sheep farmer about to shear his sheep would take exception to someone taking the price of wool as to no consequence when valuing his flock.

    As to actual share price vs value, that's one of the reasons why we have traders.
    ERM Price at posting: 12.3¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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