Research Capital put a $3.30 price target on Emerita Resource

A quick look at Research Capitals assumption for getting to a $3.30 price target.   -They only used 32 mt tons of the 102mt of high grade historically documented   -3 cent a pound for Zinc Equiv. Pound -Didn't assign value of full PM credits from full assays -no value for Ontario and Neuvo land packages just acquired -no value for expansion of all the deposits which are open  Stated EMO would be a prime TakeOver target and could be valued at 6 cents per Zinc Equiv. Pound  As-is 102mt tons valued at 36 Billion = 26 billion pounds ZE at 3 cents = 1 billion Candain / 150 million shares out = $6.67/share at 6 cents = $13.20 /share   I think it's pretty clear with a win of Aznalcollar 10X is a starting point. --- Send in a voice message: https://podcasters.spotify.com/pod/show/docjonesresourceinvestor/message

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I’m a PRIVATE INVESTOR, enjoying early retirement after a long, successful, and fulfilling career as an investment professional with a focus on the resource sector (including oil and gas). I employ common sense, fundamental, bottom-up analysis that incorporates not limited to: currency exchange rates, cost of labor, raw materials cost, geology, metallurgy, cost of capital, infrastructure, micro/macro influencing factors, experience of management, capital discipline by management, etc, etc… Research, research, research. I run a highly concentrated and focused portfolio. The Math never lies