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Emerita Resources Site visit debriefing, EMO.V, EMOTF
Manage episode 349168276 series 3311997
I spent a few days touring Emerita Resources 100% owned, zero royalty IBW property, the Neuvo Tintillo and the *Aznalcollar Package pending (recently a court date to sentence the 16 charged with serious crimes of corruption was announced.)
Emerita is running the largest drill campaign in the Iberian Pyrite Belt and one of the largest in the world with 15 drills turning. They are in the final innings of a 70k-80k meter drill program that will lead to the releasing of an initial Resource Estimate (compliant 43-101) on 2 of their 3 high grade deposits that historically prior to drilling had 12-13mt of high grade resources, beginning at surface, open in all directions and were imperially under/partially assayed and primarily contained by a lead+zinc cut-off grade that excluded multiple zones of high grade gold, silver and copper. These 3 deposits were original drilled out by multiple majors decades ago.
-To view my most recent Due Diligence Report on EMO visit:
https://www.streetwisereports.com/article/2022/11/08/the-tipping-point.html and https://ceo.ca/@drjimjones
-Analyst Note sent out immediately after they attended the site visit that details upside: https://ceo.ca/emo?ed889e03a30c
-Here's is a link for a video I shot of the Regional Geologist and David Gower explaining Neuvo Tintillo upside located next to the world's largest VMS mine, photo's of high grade copper I hammered out of the shales: https://ceo.ca/@drjimjones?0c44a50a48cf
Bottom line:
Everything in my original thesis is being proved. The scale, the grade, and it's just starting and getting very big.
El Cura is being drilled in Q1 2023, Neuvo Tintillo in 2023 and more expansion drilling on Romanera and La Infanta that continue to grow well past the historical.
I believe the data supports a robust 43-101 of 20mt-25mt of very good grades and will continue to expand through 2023 as EMO they begin the PFS.
About Me:
I’m a PRIVATE INVESTOR, enjoying early retirement after a successful and fulfilling career managing investment portfolios with a focus on the resource sector (including oil and gas).
I am completely independent. My only client is me. No one pays me, I don't sell subscriptions or offer sponsorship deals or special access to my trading info...
My money where my due diligence is and I explain why.
I employ common sense, Fundamental, bottom-up analysis that incorporates but not limited to: currency exchange rates, cost of labor, raw materials cost, geology, Metallurgy, cost of capital, infrastructure, macro influencing factors, capital discipline by management, etc.
If the data changes (company, sector or macroeconomic environment) then I do, no emotion about it, let the data guide your investments.
Research, research, research. I run a highly concentrated and due diligence focused portfolio.
If you want to invest along side me, it’s your money, your responsibility, buy and sell for your own reasons not mine. It’s your money.
The best investment you can make is in your own education.
I am driven by the hunt for value and truth. This is my passion in life. I’m a big research nerd. Always double-check and only trust the numbers that you have vetted.
Commit to memory: “NOT all ozs, pounds & barrels in the ground are created equal” understanding this basic principle will increase your wealth and your ability to sleep at night...
Best,
Doc Jones
Podcast and Reports are for educational purposes only, not investment advice.
63 tập
Emerita Resources Site visit debriefing, EMO.V, EMOTF
Due Diligence by Doc Jones, Resource Investor, Hunting for Exceptional returns.
Manage episode 349168276 series 3311997
I spent a few days touring Emerita Resources 100% owned, zero royalty IBW property, the Neuvo Tintillo and the *Aznalcollar Package pending (recently a court date to sentence the 16 charged with serious crimes of corruption was announced.)
Emerita is running the largest drill campaign in the Iberian Pyrite Belt and one of the largest in the world with 15 drills turning. They are in the final innings of a 70k-80k meter drill program that will lead to the releasing of an initial Resource Estimate (compliant 43-101) on 2 of their 3 high grade deposits that historically prior to drilling had 12-13mt of high grade resources, beginning at surface, open in all directions and were imperially under/partially assayed and primarily contained by a lead+zinc cut-off grade that excluded multiple zones of high grade gold, silver and copper. These 3 deposits were original drilled out by multiple majors decades ago.
-To view my most recent Due Diligence Report on EMO visit:
https://www.streetwisereports.com/article/2022/11/08/the-tipping-point.html and https://ceo.ca/@drjimjones
-Analyst Note sent out immediately after they attended the site visit that details upside: https://ceo.ca/emo?ed889e03a30c
-Here's is a link for a video I shot of the Regional Geologist and David Gower explaining Neuvo Tintillo upside located next to the world's largest VMS mine, photo's of high grade copper I hammered out of the shales: https://ceo.ca/@drjimjones?0c44a50a48cf
Bottom line:
Everything in my original thesis is being proved. The scale, the grade, and it's just starting and getting very big.
El Cura is being drilled in Q1 2023, Neuvo Tintillo in 2023 and more expansion drilling on Romanera and La Infanta that continue to grow well past the historical.
I believe the data supports a robust 43-101 of 20mt-25mt of very good grades and will continue to expand through 2023 as EMO they begin the PFS.
About Me:
I’m a PRIVATE INVESTOR, enjoying early retirement after a successful and fulfilling career managing investment portfolios with a focus on the resource sector (including oil and gas).
I am completely independent. My only client is me. No one pays me, I don't sell subscriptions or offer sponsorship deals or special access to my trading info...
My money where my due diligence is and I explain why.
I employ common sense, Fundamental, bottom-up analysis that incorporates but not limited to: currency exchange rates, cost of labor, raw materials cost, geology, Metallurgy, cost of capital, infrastructure, macro influencing factors, capital discipline by management, etc.
If the data changes (company, sector or macroeconomic environment) then I do, no emotion about it, let the data guide your investments.
Research, research, research. I run a highly concentrated and due diligence focused portfolio.
If you want to invest along side me, it’s your money, your responsibility, buy and sell for your own reasons not mine. It’s your money.
The best investment you can make is in your own education.
I am driven by the hunt for value and truth. This is my passion in life. I’m a big research nerd. Always double-check and only trust the numbers that you have vetted.
Commit to memory: “NOT all ozs, pounds & barrels in the ground are created equal” understanding this basic principle will increase your wealth and your ability to sleep at night...
Best,
Doc Jones
Podcast and Reports are for educational purposes only, not investment advice.
63 tập
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