PRX 0.00% 0.3¢ prodigy gold nl

abu at 20 cents - quickly a la adn, page-12

  1. 13,808 Posts.
    lightbulb Created with Sketch. 3953
    "Out of this world would be 20 plus gams"

    When they trial mine the GH deposit, expect 20g/t or better.
    In commercial production, GH will be blended with lower grade ore to give a grade somewhere in between (hopefully well above 10g/t)

    The more articles I read telling me gold is unlikely to go much higher from here, the more I think it will go much higher from here.
    I think these shorts are getting worried and trying to keep a lid on it as they try to cover without pushing the price up.
    There are so many spec shorts though that there is a significant risk it will get out of control.
    We are seeing it regularly on the gold stocks lately.
    I could hardly believe my eyes today when MML rose from 2.09 to 2.19 in around 20 mins and then rather than correct from being up over 20%, it suddenly spiked to be up 30% before coming back down a little by the close. That looked like the sort of panic short covering we are seeing more regularly lately over various stocks. I see no reason why we won't start seeing it in gold although obviously without as much volatility considering it is so much more liquid.

 
watchlist Created with Sketch. Add PRX (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $6.353M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $779 259.5K

Buyers (Bids)

No. Vol. Price($)
28 15823362 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 23487747 25
View Market Depth
Last trade - 10.06am 12/07/2024 (20 minute delay) ?
PRX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.