Topic: How To Invest

What’s your view on EMED Mining? Is it a buy, sell or hold?

Article Excerpt

EMED Mining Public Ltd., $0.15, symbol EMD on Toronto (Shares outstanding: 700.1 million; Market cap: $105.0 million; www.emed-mining.com), owns the past-producing Rio Tinto copper mine near Seville in southern Spain. It also owns the Biely Vrch gold project in Slovakia. The Spanish mine continues to face permitting delays. However, if EMED is able to open the mine, it could generate cash flow of $0.05 a share for EMED in 2013, and $0.14 a share in 2014. EMED is okay to hold, but only for highly aggressive investors. ..