MTH 2.56% 19.0¢ mithril resources limited

its nothing to do with the results by themselves imo - its the...

  1. 9,771 Posts.
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    its nothing to do with the results by themselves imo - its the market valuation, cash position vs the still immature level of project

    this is what i was saying at +4c - it was way too high valuation for what it was - even though what it had was quite interesting and potentially could be good to great fullness of time

    its now getting back into a hitting zone imo - though still a bit uppish - when i compare it with proven gold and silver resources of scale that are trading at a similar enterprise value.

    it really should trade cheaper than stocks with proven +1Moz near surface gold reserves - on what it has atm

    the key to holding steady sp wise when the fomo tide goes out is whether you;ve got a viable good grade resource

    MTH doesnt have that yet

    But its got some very nice bits and pieces and I wouldnt be surprised if it becomes something good eventually - possibly even something exciting

    simply was too hopped up on trader fomo for +1000g/t ag eq drill grades that were too short to be enough by themselves - because they started out drilling the old known high grade main vein precisely for that pop in the silver breakout fomo phase






 
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Last
19.0¢
Change
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Mkt cap ! $16.06M
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19.5¢ 19.5¢ 18.5¢ $23.90K 125.6K

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No. Vol. Price($)
3 61710 19.0¢
 

Sellers (Offers)

Price($) Vol. No.
19.5¢ 21215 1
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Last trade - 15.13pm 14/06/2024 (20 minute delay) ?
Last
19.0¢
  Change
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