Speaking as a longterm holder who intends to maintain a position...
I believe the correct order of events regarding exploration is soil sampling/rock chips, gravity/lP survey, establish a geological model, estimate a size of the potential resource, extensive desktop modelling and THEN select some drill targets.
If management continues to blunder along like this...hoping...then the money will be gone soon. I expect they are counting on another $500k tax rebate and hope to land a grant from the ***mint for Mt A. I think the most likely good result will be from testing white deer reef...which if it hits gold should spark a rally, but because the kitty will have been emptied a CR is bound to follow.
I am holding in the expectation that all management wants is a quick rise in the SP so they can finally take a profit and then sell the company to someone else...IMO that's what these fluffy, non business announcements are all about. I look forward to the day when they finally move on because the next lot of management can only be an improvement
- Forums
- ASX - By Stock
- SOC
- Ann: Chappais Lake Lithium Pegmatite Drill Rig To Mobilise-SOC.AX
Ann: Chappais Lake Lithium Pegmatite Drill Rig To Mobilise-SOC.AX, page-17
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SOC (ASX) to my watchlist
|
|||||
Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.22M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 9.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 0.090 |
1 | 652047 | 0.087 |
1 | 58000 | 0.086 |
1 | 12000 | 0.082 |
1 | 250000 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 10000 | 1 |
0.125 | 64800 | 1 |
0.170 | 59840 | 1 |
0.180 | 10000 | 1 |
0.000 | 0 | 0 |
Last trade - 16.12pm 09/07/2024 (20 minute delay) ? |
Featured News
SOC (ASX) Chart |
Day chart unavailable