I agree Anna, unfortunately this forum is only supportive of biased comments that are aimed at pumping up the share price.
The truth is, everyone has a hidden agenda, and are going to twist their opinions to suit their own interests. Most of the negative posters have sold and would like a cheaper entry point and most of the positive posters want to push up the price to increase their returns.
I am interested in this company based on their large holding of highly prospective tenements. What is great about adv and our many neighbors is that there is plenty of historical data to support a profitable operation in the future. It is also very likely that the price of gold will be supported at these current levels with the potential of further upside with continued stimulus and the potential for inflation.
The price of gold has been suppressed for some time and the latest rally to above 2000 usd has been somewhat of an overdue regression to the mean.
That is important because it dictates what grade of gold is profitable to mine.
Kas is unlikely to produce headline results however at these current prices of gold it may not be necessary.
The share price in the short term should be fairly stable as we await results from the remaining Kas holes.
I expect we wont see a rerate of the company until we gain further traction in out other tenements. The investors looking at making a quick buck will likely to be disappointed unless kas gives us a surprise on the six remaining holes. We will also face further dilution in mid 2021 as we stock up on cash in preparation for further exploration.
On the assumption that the gold price continues to be supported at the levels, the company has a very bright future. There is a very long road ahead but I am confident in the land we hold.
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.439M |
Open | High | Low | Value | Volume |
13.5¢ | 13.5¢ | 13.5¢ | $1.08K | 8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 79757 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 160740 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 79757 | 0.130 |
3 | 172430 | 0.125 |
3 | 140000 | 0.120 |
1 | 42000 | 0.115 |
3 | 77270 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 160740 | 7 |
0.145 | 65662 | 2 |
0.150 | 52174 | 2 |
0.155 | 51016 | 3 |
0.165 | 2463 | 1 |
Last trade - 10.19am 16/10/2024 (20 minute delay) ? |
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