You have a very myopic view and markets are not myopic where discoveries are concerned.
Refer to the recent assays from Galileo Mining ($GAL). Very average grades as far as PGEs are concerned - yet the market cap is $237m due to said assays. They have a very minor JORC resource, no plant, just average discovery holes.
The market simply doesn't care about your litmus test that you're applying to $SGQ due to your profound bitterness.
If $SGQ hits decent grades, the market will react accordingly, especially more so with the likes of Julian Hanna on the board who has a 100% success record.
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2 | 2300000 | 0.024 |
3 | 3001782 | 0.023 |
2 | 3487040 | 0.022 |
3 | 360000 | 0.021 |
Price($) | Vol. | No. |
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0.027 | 470289 | 3 |
0.028 | 546652 | 3 |
0.029 | 233000 | 1 |
0.030 | 402784 | 2 |
0.035 | 12500 | 1 |
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