Q: Emerita announces recent Financing Aug-14 (tranche one drawn). Can you comment on the structure, specifically how it compares to terms in the mining/exploration sector. Is this a win/loss/fair for the company at this stage?
You can view 3 more answers this month. Sign up for a free trial for unlimited access.
Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: What is your opinion of this company? It is promoted on Twitter by a certain anonymous person who has some people utterly convinced it will be a massive success.
Q: I’d like your thoughts on Emerita Resources (EMO) as a speculative investment. It’s had a big run lately following their apparent court award a contested mining property in Spain. Eric Sprott was interested enough to have put some spare change into it earlier this year, but the company hasn't historically put money into exploration, and doesn’t have any capitalized exploration and evaluation properties on their balance sheet.
Q: This stock has really moved up in the last month. Other than a $3 million injection from Sprott, I don't see any results. What is all the excitement about? Thanks.