An Exclusive Introduction to Emerita Resources – Exploring The Iberian West Project
David Gower, CEO and Chairman of Emerita Resources (TSX.V: EMO – OTC: EMOTF) joins us to provide an update on the exploration work being conducted to advance the polymetallic Iberian West Project (IBW) in southern Spain, and the status of acquiring the Aznalcollar development Project. We start by discussing the mineral composition from historic and recent drilling at the IBW Project, which hosts high-grade Copper-Zinc-Lead-Silver-Gold, at 3 main targets: Infanta, Romanera, and El Cura. David walks us through what they are learning about the size of the metallic conductors after recent the electro-magnetic survey. We wrap up with where things are in the courts in their initiative to acquire the high-grade zinc and polymetallic Aznalcollar development project.
Please email us with any follow up questions for David regarding Emerita Resources. Our email addresses are Fleck@kereport.com and Shad@kereport.com.
Click here to visit the Emerita Resources website to learn more about each of the Company’s Projects.
If China attacks Taiwan, we will see total chaos, no matter whether America decides on war or neutrality. The American dollar will take a deep dive. This is a win win for The Chinese and gold will soar because The US dollar will take a drubbing.
Great Opportunity here
Thanks for the interview. Great news out today to reinforce Mr Gower’s interview. As usual, the news is met with price suppression. Although Emerita had a good opening they have been knocked back about 4 times this morning. My account is zero gain or loss so far today. Very interesting algos they have been running for many months. Emerita has a lot of known potential which is unusual for a start-up. They really aren’t. Aznalcollar will have to have some surprising “legal” event to upset the awarding of the property to Emerita in my unofficial opinion. The public bidding process was shown to be corrupt in 3 levels of Courts and it would be a little odd for a corrupt action to change things now. Just my thoughts.
In recognition of the good Emerita news today, that significantly expanded or reinforced known resources, Emerita was taken down from about a +7% open to a -3% close. Nothing personal.
(EMO) (EMOTF) Emerita Intersects 2.4% Copper, 21.1% Zinc, 11.2% Lead, 153 g/t Silver Over 4.5 Meters at Infanta, Provides Update on Geophysical Survey
4 Oct 2021
Is Gold At A Turning Point? Bullish sentiment drops to March Lows
Neils Christensen – Monday October 04, 2021
“Rising bond yields and a stronger U.S. dollar forced more hedge funds to increase their bearish bets in gold as markets prepare for the Federal Reserve to start reducing its bond purchases, according to analysts quoting the latest data from the Commodity Futures Trading Commission.”
“The latest trade data shows that net bullish positioning has been at its lowest point since early March. However, analysts note that the market could be at an inflection point as inflation continues to rise, adding to concerns that slowing economic growth will lead to stagflation. ”
“With investment flows already reduced, a cleaner positioning slate suggests the weak price action will not turn into a rout. Meanwhile, fears of stagflation are growing ever stronger, which could once again spur interest in precious metals down the road,” said commodity analysts at TD Securities.
another barn burner day of hope. even I feel there has to be some sort of pop up just above 1800 to keep the agony going
I’m not sure today was barn-burner of hope, but it was nice to see gold trending a bit higher to $1767, and that GDX and GDXJ were both up about 1%, when the general markets were continuing their downward slide. At this time the S&P 500 is down 1.46%, the DOW is down 1.18%, and the Nasdaq is down 2.44%.
A number of analysts have been looking for the PMs to decouple from the general markets, and felt weakness in the markets may help the PMs. It remains to be seen if that will be the case, but many technicians are looking to the Gold:DOW ratio and noting the potential of a uptick in Gold’s favor over the blue chip stocks.
We’ll see how it goes as things develop further with the Fed Tapering on people’s mind front and center. If there is a big enough pressure on the general stock markets as we move towards the November Fed meeting, and they decide to “kick the can” down the road again on the taper, that admission that they can’t stop being so accommodative yet would likely put a bid under Gold.
No hope burning in my shares or watch list.
I remember days like this causing big increases in prices, hasnt been that way for awhile.
I think crypto has had a big effect on PMs.
Crypto is dependent upon confidence. Already cracks are appearing.
This past week in gold
Posted Oct 4, 2021
Gold sector as represented by $HUI is now on a major SELL signal.
Long-term signals can last for months and are more suitable for investors.
Short-term is on SELL signal.
Short-term signals can last for days and weeks and are more suitable for traders.
Speculation is in bear market values.
Our ratio is on SELL signal.
The double top breakout is now confirmed with trendline support established.
A strong dollar is not friendly to the metals.
SLV is testing support.
Long-term – on SELL signal.
Short-term – on sell signals.
Gold sector cycle is down.
$$$ We exited all of our positions with good profits, and continue to stand aside for now.
This guy is no fun at all.