Different sentiments are what create a market.
This article outlines how RMS went from a small starter pit to a company making mine. Worth a read for anyone following the MXR story, both the bulls are bears.
https://www.google.com.au/amp/s/una...innow-ramelius-became-an-850m-gold-miner/?amp
“You could drill 10 holes; eight would be dusters, the other two absolutely spectacular.”
It’s not going to be an easy area to prove up a resource but like RMS I reckon they’ve got a good chance of discovering a resource that will be mined.
PS if the article is blocked by HC then just google
“This is how $3m market cap minnow Ramelius became an $850m gold miner”
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Last
4.6¢ |
Change
0.006(15.0%) |
Mkt cap ! $19.68M |
Open | High | Low | Value | Volume |
4.1¢ | 4.6¢ | 4.0¢ | $55.93K | 1.309M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 125269 | 4.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.6¢ | 194774 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 125269 | 0.045 |
1 | 900000 | 0.040 |
1 | 100000 | 0.037 |
2 | 200000 | 0.036 |
5 | 197583 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.046 | 194774 | 1 |
0.047 | 102980 | 2 |
0.048 | 16360 | 1 |
0.049 | 308920 | 5 |
0.050 | 1073567 | 4 |
Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
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