That's the thing, everyone trades stocks now, very few actually invest in them.
Let's take this company, how much money has it raised? let's say it was somewhere around $20 million? It has 800,000 ounces of gold, potential for rare earths and a project that could provide additional growth in the magnet space.
Divide $20 million by 800,000 ounces, you get $25 per ounce. That's cheap on the gold alone from an exploration perspective and the market cap yesterday was $19m. It tells me that the market is illogical and unable to do basic maths.
I have increased my stake over the past two months and will continue to do so when I am able to
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- Ann: 63.2 metres of 10.28g/t Gold at Colosseum Mine
That's the thing, everyone trades stocks now, very few actually...
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.11M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 4069999 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 1162171 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 4069999 | 0.008 |
6 | 2968571 | 0.007 |
5 | 2915000 | 0.006 |
2 | 1800000 | 0.005 |
1 | 5000000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 1012171 | 3 |
0.010 | 1685384 | 5 |
0.011 | 1872723 | 4 |
0.012 | 2999995 | 4 |
0.013 | 3440659 | 2 |
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