Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
EMED Mining (EMED) has reported an end 2013 cash balance of €8.63 million, up from €7.60 million at the end of 2012 – though only after the issue in 2013 of €11.08 million of convertible (at 9p per share) debt, with a term to January 2015, and €6.99 million of new shares. So do the shares remain a buy?
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