Replies to post #1919 on Bullion Monarch Mining (fka BULM)

[geodan]

After Sleeping on it, Minefinders. EMXX is a carbon copy Minefinders, just earlier stage.

Minefinders was bot out for over a billion in 2011.

That may help explain why EMXX has had such an easy time getting money, they have same biz model, same management type, same contacts as Minefinders. Thus big investors see it as the next Minefinders at earlier stage, which is a rare biz model, and are jumping on it.

As I predicted (and is very rare in acquisitions where a preminum is paid (95% of time)) EMXX has gone up today, 2% so far on EMX.V. It is a very good deal for EMXX, but because we get paid in stock and now the world knows about BULM from all the mkt buzz, EMXX has gone up which is good for us. And we may get a 2nd suitor to boot due to this very unusual bump for the acquirer.

In terms on BULM mangement doing better, meant that BULM was a McGiver, they made something out of nothing, so ROE wise bet BULM has better track record than EMXX. But those deals you have mentioned Rocket are very impressive for EMXX. They are like Minefinders (recently) they have access to cash easily and have done well with it.