You have a very myopic view and markets are not myopic where discoveries are concerned.
Refer to the recent assays from Galileo Mining ($GAL). Very average grades as far as PGEs are concerned - yet the market cap is $237m due to said assays. They have a very minor JORC resource, no plant, just average discovery holes.
The market simply doesn't care about your litmus test that you're applying to $SGQ due to your profound bitterness.
If $SGQ hits decent grades, the market will react accordingly, especially more so with the likes of Julian Hanna on the board who has a 100% success record.
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Price($) | Vol. | No. |
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7 | 1046297 | 0.028 |
4 | 1356900 | 0.027 |
8 | 15829436 | 0.026 |
9 | 14881430 | 0.025 |
Price($) | Vol. | No. |
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0.031 | 809827 | 4 |
0.032 | 411780 | 3 |
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