https://unauthorised investment advice/resources/gold-just-cracked-2000-and-these-40-40-small-caps-are-running-higher/?utm_medium=email&utm_campaign=Lunchtime%20ASX%20small%20cap%20wrap%20Fri%20June%2021&utm_content=Lunchtime%20ASX%20small%20cap%20wrap%20Fri%20June%2021+CID_c4570d22dd9186d5963779cc4a4952ed&utm_source=Campaign%20Monitor&utm_term=Gold%20just%20cracked%202000%20and%20these%2040%20%2040%20%20small%20caps%20are%20running%20higher
This article posits that the gold price has further upside and it lists 40 small cap goldies that are already benefiting from the POG breakout .... amongst the list are some real dogs which proves once again the tide lifts all boats .... but RED is the obvious standout IMHO. Dear old Gave, thought that this would lead to some big fish snapping up small fry (he must have read some of my posts) but LOL, the company he thought had the most promise was Bardoc Gold ..... what is he thinking. Brian's gut feeling about an imminent dilutive cap raising is misguided. REDs management have repeatedly said they don't need to raise cash, and by the time they do, it will be after the PFS and the BFS for a new KOTH plant .... and that will probably be done with a bank loan using SIana and other assets as collateral ..... as I said several posts ago, I thought a FOMO rally was imminent and that would give the RED SP a real fillip .... thanks to drone warfare, it arrived sooner than most expected ..... and the recent rise is mainly due to POG and the realisation by big buyers that sitting back and waiting for the stock price to retreat was no longer an option .... so lets wait for the next crucial milestone, the upgraded resource and reserve estimate .... either at Diggers and Dealers or by the end of the Sept quarter .... now let us pray that The Donald doesn't have a heart attack.
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Last
29.0¢ |
Change
0.005(1.75%) |
Mkt cap ! $1.972B |
Open | High | Low | Value | Volume |
29.5¢ | 30.3¢ | 29.0¢ | $6.962M | 23.72M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 251093 | 29.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
29.5¢ | 261841 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 251093 | 0.290 |
34 | 2267643 | 0.285 |
29 | 1917716 | 0.280 |
18 | 701273 | 0.275 |
21 | 902449 | 0.270 |
Price($) | Vol. | No. |
---|---|---|
0.295 | 261841 | 5 |
0.300 | 1419115 | 28 |
0.305 | 1308370 | 12 |
0.310 | 694822 | 8 |
0.315 | 507068 | 5 |
Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
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RED (ASX) Chart |