1.) NAG has the ML; needs sig funds to evaluate the scale of its antimony prospect
2.) GCM has permits / operating rights on NAG's ML; needs sig funds to complete building the plant
3. ) SXG maybe has an economic deposit; has sig funds and access to a bigger pool of $ (CSX v ASX) ... 2nd part probably why the stock price does well more so than that the drilling is better / worse than NAG's ...
Individually they are all missing (at least) one important piece ...
Together there would appear to be a pathway to production ...
... deciding who leads the "merry dance" and the danger of losing positions at the trough ... usually leads to inflated valuations of ones position ... and therefore the bigger picture (shareholder value) is rarely front and center ...
Ann: Antimony-Gold Mineable Intersections Increased to 22, page-25
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1.7¢ |
Change
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Mkt cap ! $13.54M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.7¢ | $32.47K | 1.844M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4547943 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 300000 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| NAG (ASX) Chart |