The Investment Doctor
Long/short equity, value, debt, base metals

Euromax Resources: An Advanced Copper-Gold Project In Macedonia, Headed By Ex-European Goldfields Management

Introduction

In this article I'll have a closer look at Euromax Resources (OTCPK:EOXFF) which has assembled a portfolio of interesting projects in the Balkan and Bulgaria. I will mainly focus on the company's flagship project which is the Ilovitza copper-gold project in Macedonia to assess if a small-cap company like Euromax could be successful in bringing it to production. I will also explain why it's important to emphasize the quality of Euromax' management team, and this will result in my investment thesis at the end of this article.

As the trading volume on the US exchanges is quite low, I'd strongly recommend to trade in Euromax shares through the facilities of the TSX Venture Exchange where Euromax is...

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