Doc Jones – Deep Dives Into The Recent Newsflow From Magna Mining And Emerita Resources
Doc Jones, private activist resource investor and influencer on Ceo.ca and X/Twitter, joins me to update our listeners on 2 companies where he is heavily positioned in his portfolio and that have had significant newsflow in the recent past towards development of their projects.
We start off getting an update on the recent site visit he just attended up to Sudbury, Canada to visit the Crean Hill Project for Magna Mining (TSX.V: NICU) (OTCQB: MGMNF). He discussed their bulk sample initiative to process ore at Glencore’s nearby facility, and generate some revenue, and some of the nickel, copper, palladium, and platinum mineralization in the 109 FW Zone. We also reviewed that the company has another processing agreement for the 101, 105 and main zone with Vale. Additionally, we discussed the value of the Shakespeare deposit for down the road, and that the company is still working on an accretive acquisition to bolt on from non-core projects from the nearby majors.
Next we got a Doc Jones deep dive into all the newsflow out of Emerita Resources (TSX.V: EMO) (OTCQB: EMOTF), at the IBW Project, and continued encouraging polymetallic drill results where multiple target areas are still expanding in mineralization. He also outlined a successful capital raise in a very difficult market, and that the pending legal proceedings on the Aznalcollar zinc-lead-silver Project are now only 6 months away, as another potential value driver.
*In full disclosure, Doc Jones holds a position in these companies discussed at the time of this recording, but is not compensated by any company to market them. These are simply his views and opinions as to why he likes investing in them, but this is not investment advice.
