its called contiuous disclosure and this mob are doing everything by the book.
EG today they reported that drilling for iron is contiuing because of encouragment and that they will mkove on to test for Manganese.....
Rather too much info than none or too little..... This stock has weathered the rout of spec stocks better than most and I think that is due to the way they run a very tight ship and have a good exposure to exploration with real upside.
For me it is an iron ore hopefull with Nickel and Manganese to boot but current drilling program is what the $20 million market cap is about...low enough to respond if they find what Ferraus have on the adjacent leases....these are on trend and not parallel as are some(not all) of the nickel prospects near most recent WSA discovery.....
So lets agree that the gold announcement MAYBE told us nothing but decide that when they finish exploration...right now all we know is that an experienced BOD decided that we should be aware of these results...they certainly did not try to hype it....
i will hold while they drill at Jigalong ....
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Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $13.65M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $252 | 50.41K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 8001700 | 19 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 0.004 |
19 | 23261996 | 0.003 |
24 | 19582430 | 0.002 |
19 | 31105053 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 6801700 | 16 |
0.006 | 14224775 | 10 |
0.007 | 150000 | 2 |
0.008 | 1033473 | 3 |
0.009 | 528764 | 2 |
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