Probably right. I did create two new entities directly with Automic specifically for this IPO to make sure I got in with the spread, and just assumed the created SRNs where issued chronologically. Got the email that the IPO had closed so pretty happy. Lets see what I get.
First time in a long long time I have seen an IPO close well before the date. Sign of a good start.
To benchmark a South American project, Mitre Mining (MMC) have a market cap of $45M and a resource of $50Moz Ag.
So talking MC $292Moz AgEq, $25M market cap, $13M Cash, in Nevada, this is grossly underpriced.
Sun Silver IPO, page-11
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54.5¢ |
Change
-0.020(3.54%) |
Mkt cap ! $38.67M | |||
| Open | High | Low | Value | Volume |
| 56.0¢ | 56.0¢ | 54.5¢ | $106.1K | 192.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 56666 | 54.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 54.5¢ | 6708 | 1 |
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