Have been following for a while, bought some yesterday after announcement.
Looking for 47 in short term, although seems to be resistance at 40/1 area.
15m of nickel at over 2% is pretty good even though it was deep.
Market cap is $25million.
When Capricorn Resources hit similar deposit 5 years back they went to 70 million cap on only 40% share of the deposit. That deposit became Emily Ann in LionOre that was recently taken over.
Times have changed, as a few good exploration results from other companies have had minimal impact on their prices in the medium term.
Regards,
noip
Long since yesterday.
- Forums
- ASX - By Stock
- WSA
- still looks the goods
still looks the goods, page-3
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)