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1.1¢ triton minerals ltd

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Names little

17,842 Posts.

1250

17/10/14

12:55

Post #: 14140049
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Originally posted by HappyCats ↑

In my experience, Maiden Resource counts do occasionally blow the market away (maybe about 10% of the time). But less likely in this case when:

a) the geology is so simple any broker can have the holes plotted for themselves and reasonable guesstimates made based on SYR's cut-off assumptions.

b) it is just for Nicanda Hill, which is a subset of the global resource.

c) the company has been toot-tooting biggest and best in the world for some time, so the upside surprise element is somewhat diminished.

d) stale retailers may be waiting for the first resource count just to cash in and move on.

Please hurl as much abuse at me as you want after I'm wrong rather than before (except if some of that is wrong already). It's just how the market works from my POV. I'm still floating on the sidelines wondering when and if I'll get back into this stock. I think an uptake will seal it for sure, and some cherry-picked resource numbers targeted for initial production will certainly assist along that pathway.

My dodgy estimate for COB Tuesday - 31c.

GLTA

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Hi Happycats, hope that's a hyphen in front of your dodgy estimate, not a minus sign. Perhaps the quality of resource may be the blow away factor

TON Price at posting: 31.5¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last 1.1¢		Change 0.002(22.2%)		Mkt cap ! $17.25M

Open	High	Low	Value	Volume
0.9¢	1.1¢	0.9¢	$5.503K	537.5K

Buyers (Bids)

No.	Vol.	Price($)
1	171722	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	491367	5

View Market Depth

No.	Vol.	Price($)
1	171722	0.011
2	273406	0.010
5	1389930	0.009
8	2070529	0.008
7	1742974	0.007

Price($)	Vol.	No.
0.012	491367	5
0.013	1538461	1
0.014	200000	2
0.015	1333333	1
0.018	166666	1

Last trade - 15.26pm 15/07/2024 (20 minute delay)

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