re: up again today - 30% in two days watso Actually finished up...

re: up again today - 30% in two days watso Actually finished up 30% in two days.

Nobody reads about EMM so what ones says here doesn't matter. But a couple of points.

In May(?) I commented on hearing on the radio Chile contract. On further research it became clear that it was delivery of machinery contracted in Feb. Nothing new there.

However, as you pointed out they are succeeding in making a few smallish deals rather than go for the killer punch. Their $10m deal in Mexico is dead IMO. Better stratedy now.

Also their agreement with De Nora I don't think necessarily means anything. De Nora may have signed it just to try to protect their investment. After all they bought in a 9c.

The positive of this is, however, they are manufacturing the smaller deals on an outsourcing basis as required. This is particularly beneficial as it must be expensive keeping a skilled crew going during lean periods.

The revenue is going to be substantially better this year than last, and it appears better again next year. I'm not counting on anything from MMN. I don't feel MMN mngt has the qualities to develop any mine. This doesn't concern me. I think by spreading their wings they don't need this uncertainty.

The thing I find most encouraging is the current buying.
Have you noticed that under conditions of the board charter, directors and senior executives are only allowed to trade for 60 days, comm 5 days after release of yrly and half yrly results and AGM. Meaning, theoretically, at least, this latest interest is not from them.

I was trying to get into the the top 20 by buying in at 4.5c or so. It would require very little money ($15k) to do this, but unfortunaley I only got 1/4 to date. So this rise is bitter /sweet.

Good luck to you, hope you regain your money.