Very little hype. Its trading at half its discounted valuation. There is a lot of bot trading in the stock through an online mob. 2.5m shares bought and 2.6m shares sold. Its mostly churning. Yesterdays over reaction is sadly the norm and bots don't understand news feeds, they just follow daily trends.
The original Paulsens was nearly 1m ounces at 7.3g/t. Find that 'repeat' and its worth more than the current market cap on its own.
It looks like the sellers yesterday may well be some of the buyers lower down. That's the market. If a mid tier was ever looking for super high grade assets with core infrastructure, then Coyote and Paulsens seems to be a compelling developing story imo.
Buy the dips?
“There is strong potential for repeat style mineralisation and our first three holes validate the shear has seen strong
mineralising fluid flow below the existing workings, which is an important step to finding ‘another Paulsens’. These holes
have provided important data which will help direct our next phase of drilling to test the large seismic target beneath the
existing workings.
“We believe this systematic drilling will result in additional high-grade discoveries. Downhole EM will also be utilised in the
next round of drilling which will begin by targeting the interpreted Lower **bro intersection with the shear. There is plenty
of unfinished business here.
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- Ann: Paulsens Repeat Drilling Shows the System is Live
Ann: Paulsens Repeat Drilling Shows the System is Live, page-29
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Last
51.5¢ |
Change
0.020(4.04%) |
Mkt cap ! $228.4M |
Open | High | Low | Value | Volume |
49.0¢ | 53.0¢ | 48.5¢ | $1.714M | 3.393M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 791 | 51.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
52.0¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 791 | 0.515 |
7 | 345997 | 0.510 |
2 | 120000 | 0.505 |
6 | 91482 | 0.500 |
2 | 19244 | 0.495 |
Price($) | Vol. | No. |
---|---|---|
0.520 | 50000 | 1 |
0.530 | 175470 | 3 |
0.535 | 56000 | 2 |
0.540 | 68286 | 4 |
0.545 | 4645 | 1 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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