For what its worth here's my take on the announcement.
The announcement was good, and confirms whats been priced in, everyone holding was expecting this hole to come out with something <0.5g and suggest (as LCL worded) a potential new gold system. This is why you haven't seen a share price tank as it wasn't a duster, and also why it hasn't rose, because it meets expectations but doesn't exceed them.The price action comes with hole 10, and future holes, with 3 drills going soon, I suspect this to boom come November - January as we get all the results back.
Keep holding, and keep waiting, good times ahead, post election when more stimulus is flushed into the US economy, we will see gold prices increase again and these explorers will reap benefits.
Happy Friday! Enjoy the weekend, unless you're a fellow Victorian like me, in which case, hang in there, almost there.
For what its worth here's my take on the announcement.The...
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Last
1.0¢ |
Change
0.001(11.1%) |
Mkt cap ! $11.94M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $36.07K | 3.607M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 117304 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 4084661 | 4 |
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| Last trade - 15.06pm 19/11/2024 (20 minute delay) ? |
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