This from fabcat on top stocks:
'This last report means to me that the company now has over 2 million ounces of gold and growing as each segment of their rich Coolgardie huge tenements are drilled, proven and developed. Who knows how much gold the company will eventually find and produce – it seems to me that the sky’s the limit in this vast area they control.
The last report explains how there is evidence a lot of visible gold and a display of a core of quartz displaying pieces of gold as a point of reference. There is plenty of leeway here for fluctuations in the gold price. The gold is continually being sold with a good averages being made.'
The current Australian price for an oz of gold is is hovering around $1200.00 (it's really happened)with a cash cost now programmed for $530 an ounce or less and hedging not an issue any more yet it drops sharply at certain peaks with demand pulled.
This share is being professionally manipulated by certain big players at the cost to small players. It is a cash cow through the volatility created by price setups and pullouts to create fearful positions after rallies.
It is only logical that the price will eventually pull through above the 6c barrier when new big players come into the fold which I assume won’t be far away. In the meantime we might as well also continue to play the game with them as we can’t beat them, but hope we don’t get left behind when it jumps big time.'
I fully agree.
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please close about 5.8c!, page-6
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Last
13.5¢ |
Change
0.010(8.00%) |
Mkt cap ! $38.68M |
Open | High | Low | Value | Volume |
13.3¢ | 13.5¢ | 13.0¢ | $1.169K | 8.898K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 222192 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 67030 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 222192 | 0.125 |
2 | 11625 | 0.120 |
1 | 1000 | 0.110 |
1 | 20000 | 0.090 |
1 | 50000 | 0.056 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 67030 | 2 |
0.145 | 11428 | 2 |
0.150 | 454554 | 3 |
0.160 | 11109 | 2 |
0.165 | 77956 | 4 |
Last trade - 15.57pm 29/07/2024 (20 minute delay) ? |
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FML (ASX) Chart |