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4.0¢ maximus resources limited

I feel as though 2020 turned most people into impatient traders...

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Newbie102

70 Posts.

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13/01/21

14:47

Post #: 50141504
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Originally posted by Michaeljob: ↑

Dust looks to have settled now, personally not sure what the market was expecting here that led them to be disappointed with hitting 32m at 3.2gpt. This looks to be a halo of gold at the edge of a mineral zone, how wide this zone is along strike is yet to be determined but it's far from a duster. One hole won't make a mine but it gives them a very good idea of where to follow up with the next drilling on this target.

View attachment 2812255

Meanwhile we're now about 5 weeks into the 2500m diamond drill program at Redback. History around this deposit suggests that visible gold is likely to be encountered.

Following on from Redback they then move on to drill the Redback shear zone, the Wattle dam extension, the Nickel targets where the conductors have been identified and Golden orb.

The market is showing here that they have the attention span of goldfish. Think a little longer is my plan.

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I feel as though 2020 turned most people into impatient traders after buying in when everything was low and making good profits off of a market crash they now cant stand having to wait some time for real Improvements in a company and the share prices.

MXR Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
13 Upvote

0 Great analysis

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(20min delay)
Last 4.0¢		Change -0.002(4.76%)		Mkt cap ! $17.11M

Open	High	Low	Value	Volume
4.0¢	4.0¢	4.0¢	$4.287K	107.1K

Buyers (Bids)

No.	Vol.	Price($)
2	5849	4.0¢

Sellers (Offers)

Price($)	Vol.	No.
4.1¢	99020	1

View Market Depth

No.	Vol.	Price($)
2	5849	0.040
2	209438	0.039
2	154000	0.037
1	300000	0.036
2	91923	0.035

Price($)	Vol.	No.
0.041	99020	1
0.042	16387	1
0.044	43479	1
0.045	320479	2
0.046	94467	1

Last trade - 12.02pm 13/11/2024 (20 minute delay)

MXR (ASX) Chart