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4.48%

6.4¢ xanadu mines ltd

Ann: Kharmagtai - Zaraa Drilling Update, page-16

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arsenic

15,699 Posts.

1442

05/06/18

11:56

Post #: 33499255
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Originally posted by Budor ↑

Saltpetie. I assure you that your memory serves you well in relation to your question marks although I wouldn’t call the run up to 30c pumping.

That run up is precisely why XAM needs to list in Toronto. The run to 30c was driven by North American investors who made a belated discovery of reports on Kharmagtai.

Your prudent comments recognise that it is not beyond the realms of possibility that Kharmagtai could become a tier 1 deposit and many around the globe will agree. It appears that North American investors will place more value on that possibility so a listing on the TSX should bring a rerating independent of the drill bit.

Aussies would be well advised to question why.

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The last question is a ripper.
The corollary, confirmed my friend a Canadian mining co. executive is that they can make script bid based bids based on their higher P/E there, that are lay down mizeres.

XAM Price at posting: 19.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 6.4¢		Change -0.003(4.48%)		Mkt cap ! $109.8M

Open	High	Low	Value	Volume
6.9¢	6.9¢	6.3¢	$208.6K	3.222M

Buyers (Bids)

No.	Vol.	Price($)
1	6000	6.4¢

Sellers (Offers)

Price($)	Vol.	No.
6.7¢	50000	1

View Market Depth

No.	Vol.	Price($)
1	6000	0.064
2	148748	0.063
3	165000	0.062
6	954917	0.061
6	671650	0.060

Price($)	Vol.	No.
0.067	50000	1
0.068	10000	1
0.070	137500	2
0.071	300000	2
0.072	69984	1

Last trade - 15.42pm 31/10/2024 (20 minute delay)

XAM (ASX) Chart