I agree Sarg, that WTRCDD220 is a good intersection. But the others in your extract are nothing that are going to excite the market. Not with metal prices where they currently are.
Holes WTRCDD229 & WTRCDD238 i believe hold the possibility of generating greater excitement. If they were to find another extensive high grade zone. Something akin to the high grade central zone of SN. I believe that is what the market will stand up & pay attention to.
But there is obviously a serious disconnect between the market & the MO of the company. Its not a case of the market not knowing what Peel is finding.There are literally 10,000's of market players both large & small scrutinising every drill result that is released by every listed company. If the rut that Peel's share price is in was a recent phenomenon then it would be fair to state that there could be overriding concerns about Trumps trade war impacting metal demand & thus prices. Or the potential for an upcoming recession. BUT the share price has been struggling for 18 months.
What is the common denominator in all that time ? The way the company is being run !
At the end of the day the share price is the only yard stick that matters.
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10.5¢ |
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Mkt cap ! $61.01M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 10.0¢ | $7.562K | 75.58K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 38239 | 10.0¢ |
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Price($) | Vol. | No. |
---|---|---|
10.5¢ | 69415 | 1 |
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No. | Vol. | Price($) |
---|---|---|
2 | 38239 | 0.100 |
1 | 50000 | 0.095 |
2 | 30111 | 0.090 |
1 | 100000 | 0.085 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 69415 | 1 |
0.110 | 57010 | 1 |
0.115 | 25000 | 1 |
0.120 | 73824 | 1 |
0.125 | 2517 | 1 |
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