Morning Beach,it’s not just the market,it’s business in general look after no.1 or you can try timing the market and sometimes that pays off handsomely or sit still smoke the pipe in your comfy chair watch,listen and read all the shenanigans and noise that go on around us and go along for the ride sooner or later they run out of bullets and surrender if your asset and management is made of quality stuff.
If you want a happy read research the story that Spartan Resouces (SPR) Market Cap.$1.5 billion and $93 million in cash,the journey SPR traveled formerly Gascoyne Resources from a down and out company that collapsed unloved by the market with many CR’s later has put on 1000% to their shareprice this year with their knockout Dalgaranga ,Never Never and Pepper gold projects and get this they are still not a producer and still growing their MRE,1.48 million ounces a 8.07g/t at a current discovery cost of $aud16.00 per ounce,SPR are out performing gold producers.
We at MEI could perform equally in my opinion,we have everything going for us at Caldeira ,yes the BOD mucked up with the timing and price ,of the CRand we all get diluted in the process but let’s move on from that indiscretions.DYOR
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Mkt cap ! $240.5M |
Open | High | Low | Value | Volume |
10.5¢ | 11.0¢ | 10.0¢ | $567.0K | 5.301M |
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No. | Vol. | Price($) |
---|---|---|
5 | 229960 | 10.5¢ |
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Price($) | Vol. | No. |
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11.0¢ | 932844 | 10 |
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5 | 229960 | 0.105 |
9 | 335000 | 0.100 |
3 | 400000 | 0.099 |
1 | 10000 | 0.096 |
4 | 573561 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 882844 | 9 |
0.115 | 821100 | 9 |
0.120 | 583000 | 6 |
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0.130 | 1492154 | 6 |
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