if you're worried about the sellers at 0.5 who cant see value,
As we have a resource that is several bags in hand.
What makes a seller at 0.5 ? a pip trader.
what makes a buyer run up to fair value?
- awareness, following dormant inertia.
there has to be a tightening of catalysts to get some fence sitters to start volume moving through 0,5
Whos going to pull the trigger with big volume to start the avalanche? someone waiting for that final box in their list to be ticked for big money. Maybe drilling approvals. When do they have the fear set in, that if they dont buy out 0.5, someone else will.
then you can bet the day traders will have it come up on their scans. Then everyone's screaming about it.
Hidden gems dont stay that way forever.
If this was on offer for 15m mc, with 800k oz, and more, looking for much more, i still say fair price.
what is the potential of this 1m oz lense, of which some has already mined, we then finding another lense? then this becomes a major multi million ounce project, worth hundreds of million into development or takeover.
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