Agree doogsie, especially with the Hill End comparison.
Quite a few I have spoken to in the Vic gold industry believe that Synergy should really be a 20c+ share.
The question is, why isn't it up higher?
IMO this is why:
-Little knowledge by the public regarding Glen Wills, as well as its geographical distance from the main Vic fields (Ballarat/Bendigo).
- Historically (relatively)little exploration and mining in the immediate area, leading to the public being hesitant to invest.
- Possibly not enough aggressive marketing by Synergy to the industry and investors.
- Perhaps also a stigma remaining from previous owners' lack of initiative in developing the prospect.
That said, I believe that with the right approach by the Board, we'll be seeing some good exploration strategies developed soon. And with some more "hits" in the right places I think it will be no trouble to raise the capital required to commence production.
Add to My Watchlist
What is My Watchlist?