@ggwill Yes, he does seem really confident that he can grow the resource over the next 2-3 years to be a 2-4 million ounce deposit.
Slow and steady is how I would describe Peters approach. He seems a very competent geologist.
ATM the deposit is not continuous enough or of high enough grade to be of much interest, but with each new drill or auger campaign its getting better.
MKG is a sleeper, not exciting but a steady improver. Don't be surprised if the SP falls further next year, particularly if its a world wide recession.
You might be able to pick them up at 2 cents.
If that's the case, I'll be buying a lot more !!
I think long term that this company will be sold for many multiples of the current sp. but its going to take patience. Lots of patience
GLTAH
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Mkt cap ! $12.68M |
Open | High | Low | Value | Volume |
1.3¢ | 1.3¢ | 1.3¢ | $12.07K | 929.0K |
Buyers (Bids)
No. | Vol. | Price($) |
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18 | 5320896 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.4¢ | 2856991 | 9 |
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No. | Vol. | Price($) |
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18 | 5320896 | 0.013 |
11 | 4072878 | 0.012 |
9 | 3341181 | 0.011 |
2 | 1500000 | 0.010 |
5 | 1011105 | 0.009 |
Price($) | Vol. | No. |
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0.014 | 2856991 | 9 |
0.015 | 2928047 | 8 |
0.016 | 1924052 | 8 |
0.017 | 3733777 | 4 |
0.018 | 2865627 | 4 |
Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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