Absolutely!
Not only are there 7 more high grade gold deposits Siren is targeting, but that high grade 1,128,000Oz Gold JORC Resource @6.6g/t goes down 1,000metres from surface, is from Alexander River only. (Worth today $A2.82Billion)
If you look at Blackwater and Fosterville at the bottom, these types of deposits go down 2,500+metres
This is why I keep saying Siren Gold's market cap of only $A20million at 27c today, is significantly undervalued.
One major announcement and we really should be above $100million market cap very quickly. With only 80million shares on issue, that is a $1.25 share price. Then continue to step up to new all-time highs as more announcements and drilling results are announced.
Then much higher are mining starts and the resource grows both at Alexander RIver and at the other 7 high-grade deposits.
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Last
4.7¢ |
Change
-0.001(2.08%) |
Mkt cap ! $10.29M | |||
| Open | High | Low | Value | Volume |
| 4.8¢ | 4.9¢ | 4.7¢ | $17.38K | 365.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 186472 | 4.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.8¢ | 100000 | 1 |
View Market Depth
| Last trade - 15.20pm 24/06/2025 (20 minute delay) ? |
| SNG (ASX) Chart |