Amigo, every junior explorer that gives a JORC-compliant resource gets sold off big time - an observational fact. The trick for juniors is to continue exploring and gaining confidence and getting exposure for as long as possible. So here we have an announcement which, based on less than 50% of the main area, says the company is expecting at least a 1million ounce to 1.6 million ounce JORC. That will disappoint short-term traders because they don't know whether to pull the usual trick and dump everything now, or wait until later when the shareprice is much larger. Decisions, decisions, decisions!
Amigo, every junior explorer that gives a JORC-compliant...
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Last
$2.27 |
Change
-0.050(2.16%) |
Mkt cap ! $208.6M | |||
| Open | High | Low | Value | Volume |
| $2.32 | $2.36 | $2.16 | $813.2K | 364.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1092 | $2.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.32 | 1218 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$2.25 |
Change
-0.050 ( 3.16 %) |
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| Open | High | Low | Volume | ||
| $2.31 | $2.35 | $2.17 | 95863 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| SXG (ASX) Chart |