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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.

 

 

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Click here to follow Doc Jones on Ceo.ca

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Click here to follow Doc Jones on X/Twitter

Discussion
18 Comments
    Aug 22, 2024 22:50 PM

    I own both and would probably own more of both if explorers weren’t held back. Prices suppressed and all treated the same. A few relatively better but still suppressed because Wall Street wants your money to show you which stocks are worthy. Quality and capitalism are not part of their standard.

      Aug 23, 2024 23:35 AM

      Spot on LAKE…………….

    Aug 22, 2024 22:54 PM

    Lots of red this Friday AM in Sydney. Not one spec of green among my watchlist.

      Aug 22, 2024 22:58 PM

      Start of Fed Appreciation Day. … so they think

      Aug 22, 2024 22:48 PM

      Terry – Thanks for the heads up on the Aussie markets. Sounds like it may end up being a rough end to the week.

    BDC
    Aug 23, 2024 23:16 AM

    https://www.tradingview.com/x/D1dirIwl/
    Preview of Saturday report:
    Primary Trend Break.

    Aug 23, 2024 23:33 AM

    FREAKY FRIDAY AGAIN…………….

    Freaky political agenda again…….

    Really telling how corrupt the system has been… and will continue to do so….

    Aug 23, 2024 23:44 AM

    USD

    https://schrts.co/QpjQbpqX

    Just wondering if anyone else sees a recovery for the USD for a couple weeks at least.

    Aug 23, 2024 23:36 AM

    I think what Powell said was something like ….the economy is in bad shape, we don’t know how to pay the interest on the debt at this point, if something is really bad and it is …it is somebody else’s fault and although we would like to drop interest rates …. We won’t do it at this time to give managed money enough time to leave retail as bag holders. If the economy crashed while we wait, we plan to not see that coming. There is finger food at the bar all day and live entertainment after 7:00pm. There is also a bus to the slopes in 30 minutes.

    Aug 23, 2024 23:01 AM

    Too soon to tell but … there appears to be a correlation in my account between the relative “quality” of individual stocks and “positive pricing”. For an extended period, my account consistently demonstrated random behavior resulting in lower lows. Let’s hope the algos have been adjusted closer to reality.