I have decent size positions in this and Falcon Metals.
Patience is the key for both.
Gold is approaching all time highs.
The Mideast is a mess, with fighting possibly escalating on multiple fronts.
Inflation is high, with a very good chance that it will stay that way for the foreseeable future.
Sink just 1 tanker, and oil is off to the races.
Either of these stocks could/should shoot to over a $1.00 per share with even a strong hint of high grade gold in a couple of the holes.
Both have enough $ on hand to see the early exploration through.
Both have experienced management who have done this before. In fact, they share the same chairman.
Both have a who's who list of Large shareholders who are patient, and not selling.
Personally, I'm not selling a share at these rock bottom prices.
Fortunately, I don't have to.
Been there, done that.
I have decent size positions in this and Falcon Metals.Patience...
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Change
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Mkt cap ! $45.28M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 10.0¢ | $22.47K | 224.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 136505 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 54000 | 2 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| S2R (ASX) Chart |