To all you non believers that expect 100% proof behind any resource statement are on the wrong string. Mining exploration is a speculative business and these inferred resources are done on a best educated guess bases. If you had 100 holes and the resources proven do you think you could buy the stock at it's present $1.20 level?
I've seen a copy of their in house report you refer to, it is public info. It is very professionally done with maps,photos,terms,numbers and references that could only be totally comprehended by seasoned geologist. They are the only ones that could determine the potential of the play from the three holes that identified the deep porphyry deposit. You can bet the large smart money coming in on the financing along with buying the stock in the open market over the past 3 weeks have had teams of their best geologist analyzing the data along with making trips to the property and surrounding area. This big money along with some of the top letter writers,ie, Ken Coleman, Doug Casey must believe there is mineral wealth here of some significants. This is what you have to bet on if you want to buy emg at this level.Other wise wait until the stock runs up another few dollars in anticipation, then gets halted for the release of the results. If there good and indicative of the co's predictions you do the should have, would have, could have, thing, and kick yourself. To be good investors/speculators we need to believe there are some people smarter than ourselves and go by their cue. To avoid the above, you best get on board quick.
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