Empire Metals Share Discussion Threads

[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

[csjcsl2] 26/10/2020 09:18

i dont see any derampers on this board..but i do see rampers..i think we can all agree ...eee have great potential..but its still early days..the drill results have to be great to keep this journey going..if not we all know what will happen..only invest what you can afford to lose..as the old saying goes

[apfindley] 26/10/2020 09:08

Derampers desperate to pick up eee shares now.Theyre interested as there is less risk than previously. With taking shares in candelaria, we are disposing of our own direct execution risk in georgia, and trading it for an investment in a range of assets which include producers and soon to be producers.And still have eclipse which is being drilled in Auz right now.

[saracen3] 26/10/2020 08:41

Think it possible that local JV partner will exercise its pre-exemption rights to pick up other 50% for $Can 7m.

[csjcsl2] 26/10/2020 08:31

agree casha..just trying to give a balanced view

[seanlander] 26/10/2020 08:29

Good job. Keep deramping and we'll pick up a gold mine for pennies!! Lol

[cashandcard] 26/10/2020 08:28

csjcsl2,


I think they have gone down this route knowing full well, from historical mining records, what to expect. Becoming a pure play of sorts, is risky, but hey - this is AIM - tell me where there is no risk?


Cash

[csjcsl2] 26/10/2020 08:24

high risk gamble this one..great potential but now a 1 project gamble..thats why share price is not flying.need good drill results if not good..eee is almost worthless

[cashandcard] 26/10/2020 08:23

Sometimes, its about being in the right place at the right time and you couldn't be in a better place than Western Oz in this Gold bull market.

Nice they have hived off the Georgia assets into another vehicle - which allows shareholders FULL exposure to the outcome of a high-grade Kalgoorlie area gold play. Correct me if I'm wrong, is this now the only Kalgoorlie pure play on AIM?

They have announced this 4days into maiden drill campaign - really looking forward to the results....


Cash