EMXC has sold off recently after a few attempts to break $.0081 failed. Investors have since left the issue and the price per share has suffered. I think this stock will start another attempt at recent highs in the coming days and weeks. The company has issued numerous filings to get the transparent end of things in order.
According to some of these filings the company book value is almost 10 times more than the stock is currently trading at. What that tells you is, if EMXC went belly up tomorrow and had to liquidate its holdings/assets and the like, investors would stand to receive over $.03 a share. Today EMXC closed at $.0047. It is a head scratcher and one of the reasons why EMXC should see more upside in the coming days.
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