Australia's largest stock trading and investment forum Australia's #1 stock forum

SNG

Click for more information

2.74%

7.5¢ siren gold limited

The Gold Price is setting up for strong moves in coming...

First 9 Last

Share
Profile

Follow
Goldhunter122

1,476 Posts.

826

16/04/21

15:17

Post #: 52522808
Share

Originally posted by Goldhunter122: ↑

That's what I thought, underground, but others are saying it could be open cut like Blackwater.

Either way, the old-timers left a lot of ~10grams/tonne gold in the ground at Alexander River and Big River as well, which is being proven with this drilling program.

I think once Siren releases their Maiden JORC Resource @ ~8-10g/tonne gold grade, the mid cap gold miners will start to take a very close look at their projects in NZ.

After this week's Regis takeover of IGO's 30% stake in Tropicana's low grade 1.8gram per tonne gold mine for $A903million, the urgency of these mid cap and large cap gold miners to expand their sales and profits via acquisitions will grow. It takes too long to explore, drill, drill out a JORC resource themselves from their existing assets.

As Brian Rodan and Paul Angus continue to derisk Siren Gold's projects, we'll see some interesting action while the gold price is near all-time highs.

Expand

The Gold Price is setting up for strong moves in coming sessions.

Just as Siren Gold continues to drill in the Reefton Goldfields.

SNG Price at posting: 41.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

1 Great analysis

Reply

Top Stories

TLX

Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

AUG

Augustus sees imperial share rise on high-grade Cu and gold results at Ti-Tree

RNU

Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some

TX3

Canadian fieldwork yields multiple pegmatites for Trinex

There are more pages in this discussion • 7 more messages in this thread...

First 9 Last

Add SNG (ASX) to my watchlist

(20min delay)
Last 7.5¢		Change 0.002(2.74%)		Mkt cap ! $15.36M

Open	High	Low	Value	Volume
7.4¢	7.6¢	7.4¢	$4.157K	55.59K

Buyers (Bids)

No.	Vol.	Price($)
2	559	7.6¢

Sellers (Offers)

Price($)	Vol.	No.
7.9¢	145000	1

View Market Depth

No.	Vol.	Price($)
2	559	0.076
5	62608	0.073
1	2500	0.072
1	35000	0.071
2	262500	0.070

Price($)	Vol.	No.
0.079	145000	1
0.084	119047	1
0.095	215000	1
0.100	480000	2
0.110	115000	1

Last trade - 14.28pm 11/07/2024 (20 minute delay)

SNG (ASX) Chart