Ann: Siren Strikes Significant Gold Mineralisation at Reefton, page-40

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DrZeusse

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19/11/20

18:54

Post #: 49000105
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Originally posted by Goldhunter122: ↑

I'd be happy with that. A decent capital gain. The Gold Price will hover between $US1,800/Oz and $2,100/Oz since the global economy, even with vaccines will return to weaker growth than pre Covid.

I do believe we'll see a market cap of between $80million ($1 share price) and $120million ($1.50 share price) as the next batch of drilling results are released, confirming more high grade gold intercepts near surface.

They presentation also states Siren is working on a Fast Maiden JORC Resource (3rd item below) at Big River and Alexander River as part of this drilling program. Due to the high gold grades at and near surface, and structurally controlled quartz gold, this should be an excellent result.

Siren's Technical Director Paul Angus has been working in the Reefton and South Island region as a Geologist for over 2 decades and knows and is one of the best geologists in NZ. He understands the geology of this region better than most.

While Sirens Managing Director' Brian Rodan drilling and mine construction team was behind Sandfire's (15c to $7) and Dacian Gold's (14c to $3+) share price rises after the initial gold and copper discoveries. His team rapidly drilled out the resource, increased the resource and built the underground mines.

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Director bought another $600k at 38c. chart is showing a break of all time highs and large move coming. target in mid 80s.

SNG Price at posting: 55.0¢ Sentiment: Buy Disclosure: Held
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