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Eurasian Minerals Inc
Symbol EMX
Shares Issued 73,153,209
Close 2014-08-20 C$ 0.84
Market Cap C$ 61,448,696
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Lundin says buy Eurasian Minerals

2014-08-20 21:35 ET - In the News

Brien Lundin, in the August, 2014, edition of the Gold Newsletter, says buy Eurasian Minerals Ltd., recently 81 cents. Mr. Lundin said buy Eurasian six times between December, 2007, and November, 2013, at prices ranging from 85 cents to $2.33. Assuming a $1,000 investment for each of the six buys, the $6,000 position is now worth $3,572. The company recently released drill results from the Fula Tepe zone on its Akarca gold-silver project in Turkey, following a drilling program conducted by the company's joint venturer, a private Turkish company. The newsletter editor says the intersections at Fula Tepe are narrow but they are definitely bonanza grades and the zone remains open in all directions. Mr. Lundin tells his readers that Akarca is just one component of Eurasian's far-flung property portfolio. He says the company is a prospect generator that is very good at finding joint venturers to shoulder the financial burden of developing its early-stage properties. The newsletter editor concludes that the company's ability to survive the market turmoil over the past couple of years speaks to the quality of the management, and the company remains a buy.

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