I find it interesting that you would suggest WGX is a buy over SAU if high grade/low AISC at Cannon UG turns out to be feasible. The fact that 1 company is valued at $12M compared to the other at $530M would tell me which one to buy, and where the value is.
Liquidity is pathetically low in SAU, this to me is because the consolidation was to aggressive, and that our MD hasn't sold us out to someone like Argonaut. Mr 300k ($75k) has been there for weeks, and I would think he has been the one walking us down to his bid. I hope shareholders give in and let him get his fill, because as soon as he is full, and we get a decent announcement we are off to the races, as there will be bugger all for sale, and we have a lot of value to catch. $12M.
You show me a revenue earning junior/micro, that has more chance of paying out a dividend than raising capital in the next 12 months?
Appreciated reading your recent post on the WGX board regarding SAU takeover.
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1.2¢ |
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Mkt cap ! $8.502M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.2¢ | $5.304K | 441.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10868 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 2128208 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10868 | 0.012 |
2 | 2791393 | 0.011 |
3 | 1691200 | 0.010 |
3 | 671111 | 0.009 |
4 | 1005450 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 2128208 | 4 |
0.014 | 1704500 | 2 |
0.015 | 1600001 | 3 |
0.016 | 579705 | 2 |
0.017 | 100000 | 1 |
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