Thanks,
John
One point first; EMO is a very popular stock on social media and chat boards. This is not necessarily 'bad' but can create extra volatility at times. It has no revenue, losses and negative cash flow. It did just raise $25M. EMO has spent 10 years fighting for full ownership of its Spanish assets, and there is a criminal trial against the owners right now. Positive developments here would be good for the stock. Work continues, and recent assays/drill results have been good. Insiders own 6% and Sprott entities own nearly 20%. There is upside potential here for sure, but also lots of risk. We would rank it a HOLD.