Empire Metals Share Discussion Threads

[sea7] 28/10/2020 11:00

PDF download of international gold mining ltd acquisition of eclipse project back in 2007 with some data

[chickndinner] 28/10/2020 10:47

Great find sea7. Thanks for posting the link. Just Love getting in early with great mining companies.

[chickndinner] 28/10/2020 10:16

It's an open pit all day long...

[cashandcard] 28/10/2020 09:52

apfindley,


Its also shallow, and is near processing plants.


Cash

[chickndinner] 28/10/2020 09:47

Multi bagger all the way.

I'll keep adding all the way.

Made a fortune from GGP and this feels like another multi bagger.

Each to their own.

Gl

[apfindley] 28/10/2020 09:41

For every 9 tonnes of rock youre getting an ounce of gold. Which is what, about 1900 dollars.Not bad considering this strike could extend a further 2km.

[juju44] 28/10/2020 09:35

You could get lots of top ups then

[barony] 28/10/2020 09:32

About $175-$350/ton? How much is extraction cost at shallow depths? Sounds alright to me.

[chickndinner] 28/10/2020 09:31

That's what I said. If ggp get results similar to these tonight they will be bouncing off the walls!

[chickndinner] 28/10/2020 09:29

I'm topping up on every dip. 2nd top up of many I hope...

[apfindley] 28/10/2020 09:22

Some of these grades are higher than the GGP grades anyway if you look back at their haverion results.All looking good.

[seanlander] 28/10/2020 09:20

The garage sale is over! Watch this build from here...Glah good solid set of results!

[iloveit] 28/10/2020 09:05

25p+ is where this has been.Was 5p days ago profits taken now onwards for those getting in cheap again.Will it stay under 10p over next few days results looking good?

[edgein] 28/10/2020 09:05

Cash,

"2.5g/t is pretty decent to start off with. Some have built mines on lower grades."

Calidus' current mine development in the East Pilbara (also shallow) has an average grade of about 1g/tn and an IRR of around 81%.

14m at 2.5g/tn is excellent at the current gold price as it too is also shallow.

Regards,
Ed.

[chickndinner] 28/10/2020 09:00

My buy was also shown as a sell. Does make you laugh

[shares188] 28/10/2020 08:59

Same Derampers
Saying this result is bad!
This will ping the Aussies
Are far more efficient at
Mining for gold than us in
The Uk

[chickndinner] 28/10/2020 08:59

LSE thread up to the same old shenanigans again. Why do people bother paying for a sub standard platform?

[chickndinner] 28/10/2020 08:53

Sells are buys. Look at the price and spread of transactions. Massive tree shake. They have big orders to fill. Remember. Only 253 million shares and most are in sticky hands!

[cashandcard] 28/10/2020 08:52

It's a shame the wider markets are taking a pre-election pounding. This was a good update from Eclipse.Cash

[chickndinner] 28/10/2020 08:49

I'm buying more. False drop!

[csjcsl2] 28/10/2020 08:45

mms dont want your stock..difficult to get out..had to put in a limit order took 20 minutes to execute

[lenigas] 28/10/2020 08:37

Market makers again. But they will pass than this share will do much better. I'm backing maybe up to 20p a share in coming weeks as all the drilling results come out at Eclipse.

[chickndinner] 28/10/2020 08:33

Wait until the herd arrive! I'm more than happy for the share price to stay low as long as possible because I will keep adding all the way.

Well spotted David 😉