he bought 500k this morning expect it to be in his diary this week watch it go
he was into CHP recently and that doubled ....

Well had a look at this recent broker report and this one looks well undervalued and Ive added today.

In the report you will see a case for this one being valued at a initial market cap of 32.5 million, SP as plenty to do then.

http://www.hardmanandco.com/Research/EMED_Mining_Initiation.pdf

gf,

As you've said this one looks very tempting at a potential market cap of 32.5 never mind the 100 million based on the success of the Spanish deal.

cheers,

ian

Indeed Ian.

I hear Evil K is still in these and talking them up.

Heres his original comment in late December...

Suffice to say that nothing is happening in the markets. I am persuaded that EMED (EMED) may be cheap and since I could see its shares doubling a may have a post Christmas nibble

Just seen this on Minesite.com....

May 14, 2007

EMED Mining Hopes To Make Swift Move Into Spanish Copper Production





Looks like Harry Anagnostaras-Adams, managing director of EMED Mining has put his foot on a company maker with a package of options to acquire 100 per cent of a copper mine in Andalucia next door to the town of Rio Tinto and only 65 kms from Seville. Proyecto de Rio Tinto , as its name implies, was built by Rio Tinto, and comes with a complete set of mine and plant infrastructure . In fact Rio Tinto sold it in the mid 1900s to Freeport which was basically interested in the smelter in nearby Huelva then associated with it. When Freeport sold the project on after 3 or 4 years it kept the smelter and the mine and processing plant was bought by a co-operative of local workers. Even they found it difficult to make money at the price of copper pertaining at the time and in 2003 it was put into what Harry describes as suspended animation.
This did not last for long as some local financiers got together with the remnants of the co-operative and kept it alive on care and maintenance until 2007. This period, however, was marred by a series of disputes between themselves and also with the local authorities and Harry started to talk to both of them some time ago. He will have to obtain approvals by the Junta de Andalucia, support of the local community and approvals by the relevant statutory authorities. When the mine effectively closed in 2000 it caused much local hardship and the authorities are determined to have the right operator on board this time round and for proper risk management measures to be planned and publicly committed.

What EMED Mining can offer is its own European background and experience in Australian mining management and methods. Over a period Harry and his Spanish team have set about persuading them that this combination of European and Australian experience could be the answer for the project. Profitability will be boosted by the current copper price and Harrys team has a proven record on social and environmental responsibilities.

His aim is to restart mining in the second quarter of 2008 at an initial rate of 27,000 tonnes per annum copper-in-concentrate and generate annual revenues in the order of 71 million at a copper price of $US2.50/lb compared with the current spot price of US$3.50/lb. When Proyecto de Rio Tinto was going through its problems the price of copper was under US$1.00/lb and even the EMED Mining team visualises current operating costs, based on updated historical costs, at no less than US$1.32/lb. The current JORC compliant resources and reserves, independently verified by AMC Consultants, are 1.2 million tonnes and 342,000 tonnes contained copper, respectively based on 209 million tonnes at 0.57% copper and 53 million tonnes at 0.65% copper, respectively. The project owns mineral rights within the main tenements as well as some exploration licences in the district so there is every reason to suppose that the resources can be increased.

At the same time EMED Mining has raised 4 million by a placing to Oxiana, which is already a shareholder, Gold Fields and a number of institutions. Oxiana stumped up to maintain 12 per cent shareholding in the company and Gold Fields has become a 10 per cent shareholder in order to get exposure to EMEDs gold discovery in Slovakia. The presence of these two companies on the register has to be a vote of confidence in the continuing success of EMED. Two leading international project financiers have also popped up on the register. If all goes to plan the deal in Spain on the first 51 per cent will not be completed until the last quarter of 2007, when all conditions precedent have been met and Harry hopes that EMED will be able to buy the remaining 49 per cent interest some time thereafter.

And that is not all that is going right for EMED Mining as our correspondent Rob Davies has pointed out. It is not often that a drill hole makes a company, but its drill hole DVE4 into the Biely Vrch target in Slovakia recorded 252 metres with an average grade of 1.2 g/t gold from surface. That was the fourth hole into the target and the other three had good long intersections of over 100 metres with average grades ranging from 0.2g/t to 1.3 g/t. The first three holes were all drilled into the centre of a geochemical anomaly of 200 ppb and before geophysical data were available.

Harry explained to Rob that the initial drilling was based on mapping and geochemical data. It was only in the winter when drilling stopped that EMED opted to do some geophysical work to maintain the momentum. When that came in it showed a large IP anomaly a few hundred metres east of the geochemical anomaly and in time for the fourth hole to be directed towards it. That was a good decision because apart from the long low grade intersection the last 95 metres averaged 1.8 g/t and the hole terminated in mineralisation. Since then another six holes have been drilled on site and everyone is keenly waiting for the assay results from holes 5 and 6. Harry says that core from DVE5 drilled into the IP high looks good to the eye but that he has been in the exploration business long enough not to get too excited about each assay result. At the moment the massive work load for assay labs around the world is making the turnaround time even longer.

The property is recognised as sitting in a classic collapsed volcanic caldera and has all the indications of being a large tonnage low grade epithermal gold deposit. It sits in west central Slovakia, an area with a long mining history. Because it was behind the Iron Curtain for the bulk of the last fifty years it has not been explored at all using modern exploration techniques. Now that they are being applied in a systematic manner there is every possibility that this discovery not only represents a significant find by itself, but offers the potential of opening up a new mineral province. If that were found to be the case then EMED, with its strong initial land position at Detva, that contains the Biely Vrch prospect, and its other land positions at Hodrusa and Medzev, is very well placed indeed. Harry was modest enough to admit that when the first data came in they realised that they were sitting on something with huge potential but that they didnt really understand exactly what. One of their first moves therefore was to increase dramatically the land position to over 1,300 square kilometres of what they think is similar geology. They seem to have worked out what they are now targeting if Gold Field becoming a shareholder is any indication.

The aim of EMED Mining is to explore a part of the world that is known to be metalliferous but has perhaps not had the attention it deserved in recent years. Apart from the target in Slovakia the company has a modest copper property in Cyprus and some gold exploration targets in Georgia. Its exploration interests in Turkey and Bulgaria are held through its 34 per cent stake in Kefi Minerals which listed on AIM in December 2006. EMED is not large at a 11.6million market capitalisation, but the company has moved up after the Slovakian drill results came through. Discussing valuations of mining companies with their management is like talking about the weather with farmers. Harry does feel that London is a little overwhelmed at the moment and that companies with projects in unusual places like Slovakia perhaps dont get the attention they might do if the target was situated elsewhere. This will probably be forgotten in the excitement over the Spanish copper mine.

From Minesite.com 41st video forum 17th/May 2007.......

http://clients.westminster-digital.co.uk/minesite/microsite/events/41/pdf/EMED.pdf

Suprised more people arent in this one.

The potential is massive.

High GF.
Nice to see you onboard this one.
Outlook if everything goes to plan will be outstanding, and with Paul Curtis onboard, could not ask for better.
He is very positive, and with a possible update with their Slovakia drilling next week it`s all to play for.
Cheers.

Presumably EK's acolytes will pump this before the inevitable short.

Hi Porky,

didnt realiise Paul C was aboard.

Will have to give him a ring.

Cheers GF.

Harry adams was ceo of gympie gold, which if my memmory is correct, had to close.
Does anyone know why ?.

Gympie was put into receivership on December 30 after a disastrous underground fire over Christmas crippled its main source of cash flow, the Southland coalmine near Cessnock.
This occured December 2004.
Cheers.

Lifted from another site I see Evil K likes the look of these hes just spoken and said....

I am disappointed that EMED* (EMED) is not moving higher. I have done a detailed discounted cashflow analysis of its latest Spanish deal and I must say that the shares are jolly cheap. I could see this one doubling or trebling.

Thanks Porky

Added again late on.

EMED Mining says early indication of substantial gold deposits in Slovakia
AFX


LONDON (Thomson Financial) - EMED Mining Public Ltd said it has got early indications that its Slovakian tenements have good potential for substantial gold deposits.

The company said its drillhole DVE5 intercepted 331 metres averaging 1.1 gram per ton of gold from 228m to the bottom of the hole.

This intercept, in conjunction with earlier results from drill holes DVE1 and DVE4 has established known gold mineralisation

from surface to a vertical depth of 460m, EMED added.

'We look forward to working with Gold Fields Limited, which has recently become a 10 pct shareholder in our company and formed an alliance in respect of EMED Mining's Slovakian interests,' managing director Harry Anagnostaras-Adams said.

Ive added again this morning on the good news.

GF

This is an excellent long term play. Glad you're aboard.

MS

Very confident with this one Mickey.

ditto

same here g/f added more this morning on that same news