Let's not forget the biggest reason this stock will multi bag and its not a production start at Paulsens....don't sweat the mining, it matters, but very little in the bigger picture of why some holders here will walk away with life changing fortunes.
just buy guys because this lag between ASX gold mining stocks (especially explorers and developers) and the POG is a contango situation that comes once every generation. When the global liquidity comes running to gold, you will see what happens, mark my words...and it will be quick...you can add a 5 or 6 or 10 to the front of the current market cap....step back and see the nightmare that is unfolding.
this is what is coming (both excellent 360 degree, 10000 ft views of where we are in Gold and monetary history)
Ann: Paulsens Refurbishment Progress - April 2024, page-27
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Last
46.0¢ |
Change
0.015(3.37%) |
Mkt cap ! $204.0M | |||
| Open | High | Low | Value | Volume |
| 44.5¢ | 46.5¢ | 43.5¢ | $1.212M | 2.694M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 142824 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 6900 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| BC8 (ASX) Chart |