I was having a look at Siren's presentation from August 2020 and found some very interesting photos of visible gold in quartz, as well as photos of quartz at surface. These images of the gold in the quartz are previous historic Reefton trench samples.
If Siren hits some high grade visible gold like this in their current drill program, we are set for an exciting time.
You can clearly see the significant upside in Siren Gold's market capitalisation and share price when you compare other high grade gold deposits and the value they created for their shareholders to Siren.
Even the small Penny West 85,000Oz @ 21grams/tonne of gold deposit was sold to Remelius for $A200million. $A200million market cap for Siren equates to a share price for Siren Gold of $A200million/80million shares = $A2.50.
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Ann: Siren Strikes Significant Gold Mineralisation at Reefton, page-34
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5.3¢ |
Change
-0.001(1.85%) |
Mkt cap ! $11.60M |
Open | High | Low | Value | Volume |
5.5¢ | 5.5¢ | 5.3¢ | $7.233K | 135.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 687773 | 5.2¢ |
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Price($) | Vol. | No. |
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5.5¢ | 61229 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 687773 | 0.052 |
7 | 1074141 | 0.050 |
3 | 702000 | 0.049 |
2 | 150028 | 0.048 |
1 | 110000 | 0.047 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 61229 | 1 |
0.058 | 109109 | 2 |
0.059 | 40000 | 1 |
0.060 | 155000 | 3 |
0.061 | 60000 | 1 |
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