Emerita Resources: What is it worth

Doc Jones has done an amazing job covering Emerita. He recently did a dirty https://ceo.ca/@Drjimjones/the-math-is-the-math-emerita-resources217-million-ozs-aueg-at-654gtvaluation of what EMO is currently worth based on the historical resource. Only La Infanta has been drilled by the current management and that deposit has increased multiples. In the coming weeks Romanera and El Cura will get drilled too. I expect both these deposits to increase in multiples too. But you don’t have to pay for any of the high grade expansion. Just based on historical drilling the company will be worth multiples of current valuation.

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