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TG1

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6.06%

3.5¢ techgen metals ltd

Ann: Maiden RC completed at John Bull Gold NSW, page-8

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Davidspades

207 Posts.

43

19/08/22

13:15

Post #: 63211915
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Originally posted by JandJ: ↑

This micro cap is a good one to follow @WoodySpoon @Zenzen - always a bit surprised to see it jerking around in $1000 increments, but it's due to the low float and very small,trades.
e.g. today three of five trades are for 1098 shares, two yielding $613 and one $592 !!!! One was on CXA Two on ASX - WTF?

I like John Bull (Jack-a-dak) - it's in gold country and the oldtimers found reefs to sink shafts on, so expect those reefs to yield an oz per ton at least.
Then next there was work done by sluicing. I took a new look at Ion Idriess 'Prospecting For GOLD' because he has lots of detail on the methods which were used in high pressure sluicing.
Here are some pics. Many more in the book, of course all his books can be very valuable, if you can find them. [Lassetter's Last Ride, The Desert Column etc etc]

TG1 mine is also over the river from Cangai Copper, - interesting mine that, with promise of new ore bodies, but never found.

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This company gets a sniff and it flies, 6-8m market cap is crazy considering upcoming works on the cards.
Definitely a punt but risk v reward profile is extremely attractive.

TG1 Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.5¢		Change 0.002(6.06%)		Mkt cap ! $5.553M

Open	High	Low	Value	Volume
3.5¢	3.5¢	3.5¢	$702	20.05K

Buyers (Bids)

No.	Vol.	Price($)
1	196365	3.3¢

Sellers (Offers)

Price($)	Vol.	No.
3.5¢	15193	2

View Market Depth

No.	Vol.	Price($)
1	196365	0.033
4	53571	0.032
2	406512	0.031
3	250033	0.030
3	163450	0.029

Price($)	Vol.	No.
0.035	15193	2
0.036	50000	1
0.037	59931	1
0.038	150000	1
0.039	100000	1

Last trade - 10.21am 18/10/2024 (20 minute delay)

TG1 (ASX) Chart