Empire Metals Share Discussion Threads

[seanlander] 26/10/2020 12:39

The snake is done. Time for the big ladder now!

[seanlander] 26/10/2020 12:37

I would have been happy with a share price of 3.75p 2 weeks ago... buy a ticket now for another ride?? Let's do it!

[geko5trade] 26/10/2020 12:06

That's interesting 2seabass and I suspect others followed suit. I could see the possible upside from the Georgian assets but I could also see how progress there could have been fraught with difficulty and been a drain on management resources. Hence I see the deal as a very good outcome for shareholders. Each to their own I guess...

[seanlander] 26/10/2020 11:51

It's just the churn...need sellers to find buyers... 2 weeks time we'll be flying again...

[2seabass] 26/10/2020 11:50

I sold out first thing for 4.27. Considered Georgian assets were the speculative value.

[geko5trade] 26/10/2020 11:36

Yes I sense even the MM's were surprised by the selling! Marked it up on the announcement in anticipation.

[cashandcard] 26/10/2020 11:32

csjcsl2,


Problem with your expectation is it will likely run way ahead of current price in the run up to results. The economic backdrop is doing wonders for gold and amongst the small mining space - smallcap Ozzie explorers with quality projects are hot property right now. For this to double ahead of results would not be outrageous at all.


Cash

[geko5trade] 26/10/2020 11:30

Agree cashandcard, this price does not factor in good drill results. It might not happen but expect the MC much higher before the bell if they're good. We'll see

[csjcsl2] 26/10/2020 11:29

agree cash..but if your a new buyer on the morning of the results..your still going to make good money..and your not going to be down 50% on the open

[cashandcard] 26/10/2020 11:24

csjcsl,

Historically, this area had high-grade goldmining. If those results reflect that - they won't be able to buy in as cheap as now. There is a long way to climb - a very long way if they can replicate those bonanza grades from the old miners.


Cash

[csjcsl2] 26/10/2020 11:22

re cash ..i agree ..but anyone wanting to get in the eee story will still be able to buy in cheap..after the drill results..if good...

[geko5trade] 26/10/2020 11:20

It is a risk but less of one than it was yesterday!

[cashandcard] 26/10/2020 11:16

csjcsl2,


Anyone selling now will be back in a few weeks for results. Top up time.


Cash

[csjcsl2] 26/10/2020 11:15

its not a shake cash...its people taken profits ..eee has had a good rise already..still high risk here..will have plenty of time to get in..if drilling news is good

[cashandcard] 26/10/2020 11:05

Just a shake, will be back up later.



Cash

[juju44] 26/10/2020 10:57

O dear - red

[apfindley] 26/10/2020 10:54

They haven't gone.They're still in their eee roles.And we are now holders in candelaria. So in joining that board too , will make sure our investment there flourishes too.

[shares188] 26/10/2020 10:39

Can’t figure this stock out
Goes up on bad news and falls
On good news , I think the
Quality of The MM in The UK
Is very poor at best

[saracen3] 26/10/2020 10:34

No Director is leaving. Mike Struthers is totally committed to the Eclipse deal and they have now got a partner to develop the project if drilling is as good as hoped.

Likely salary cash saving to Empire.

I think there is some short term disappointment from those who felt that Georgian assets were worth more.

Overall this is a good deal for Empire going forward.

[seanlander] 26/10/2020 10:07

I just have to ask myself.Why would the largest shareholders vote for this sale if it was a bad idea...mmmm?Oh, I get it! To make money! So the share price will probably be going up once the weak have left?? Boy that was difficult to understand...

[juju44] 26/10/2020 09:57

Yep ,who is the boss now and if EEE has such a bright future why is he jumping ship

[timnicebutdim] 26/10/2020 09:55

That's because the market doesn't like it when senior members of staff go off to other companies.

[juju44] 26/10/2020 09:44

news isnt exactly setting the shares on fire . We may even have a red finish