neddo wrote
"there is an Exploration Target of 302Mt to 347Mt @ 4.4 to 5.0% zinc + lead for a combined total of up to 36 billion pounds of zinc and lead metal (at a 2% zinc cutoff)"
So hypothesising here say the company has a market cap of $100M based on that 36 bullion pounds above then each pound of zinc it would potentially have is worth around ONE THIRD OF A CENT in ground seems a potentailly cheap resource, when it can be sold COF for $1,00 a pound.
Realise its quite stupid to value an inground resource but obviously there is potential here.
As Bill Birch and Muldoon would say "THink Big" , mind you look where it got them
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Mkt cap ! $3.667M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $367 | 183.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 28474995 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.3¢ | 6070354 | 9 |
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11 | 12100487 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.003 | 6070354 | 9 |
0.004 | 33681459 | 20 |
0.005 | 2500000 | 4 |
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