Sorry but you come across as very ignorant of all the facts.
They have announced many new results, quarterly activities, applications to expand Cox's find etc etc.
What more should they be telling us?
They can only wait for the results from labs, thats not in their control.
Every gold miner on the ASX has had this pullback that directly reflects POG pullback.
This has copped it more so because of its more speculative nature compared to others. Low liquidity doesnt help either. neither does intentional downramping.
Some very weak hands have taken the stage left exit, so what. Best not have them on board anyway, turning the SP volatile at times it neednt be. Such low volumes tells the story correctly, you should know that looking at charts.
The gold is still in the ground and is still bringing in excess of $2600 AUD which I dont see changing dramatically to the downside anytime soon. IMO.Nothing has changed except a few disgruntled gamblers have exitied due to lack of patience and understanding of the nature of this investment.
You place a lot of importance on market depth as seen on the screen.
Another mistake IMO as buyers and sellers mostly come from off screen. IMO.
Falling into the trap of judging a stock by its market depth is paramount to novice moves. IMO DYOR.
The other thing that disturbs me is your BUY/HELD status. You certainly dont sound that way IMO.
Anyway, beware the wolves folks.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 647208 | 1.8¢ |
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Price($) | Vol. | No. |
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1.9¢ | 500000 | 1 |
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No. | Vol. | Price($) |
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2 | 647208 | 0.018 |
3 | 187302 | 0.017 |
4 | 268400 | 0.015 |
3 | 1700365 | 0.014 |
2 | 900000 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 500000 | 1 |
0.020 | 592081 | 4 |
0.021 | 605000 | 2 |
0.022 | 829000 | 2 |
0.023 | 112500 | 2 |
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