Some very exciting statements in today's announcement by Siren Gold.
1. JORC Resource Target Estimate increase from 250k-500k Oz at 5-6grams per tonne to a new higher 500,000Oz-700,000Oz at a higher grade 5-7grams per tonne.
This equates to value of this high grade from surface gold to between $A1.175Billion to $A1.645Billion at a higher grade 5-7grams per tonne.
2. Visible Gold in all 3 drill holes at the McVicar West shoot (assays are awaited)
3. High Grade 5g/t+ to Bonanza Grade 25g/t+ gold found in numerous diamond drilling core assays
4. New high grade gold shoot discovered on the eastern side of the Mullocky Creek hitting 2metres at 16g/t gold (see below)
As the JORC Maiden Resource of between $A1.175Billion and $1.645Billion is released and other milestone events by Siren Gold, we will see a significant rerate of Siren by the markets from its current significantly undervalued $18million market cap (26c share price.)
We are looking at Australia's (and NZ's) next mid cap gold miner.
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Ann: Siren Gold High Grade Hits Keep Coming at Alexander River, page-4
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5.3¢ |
Change
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Mkt cap ! $11.60M |
Open | High | Low | Value | Volume |
5.5¢ | 5.5¢ | 5.3¢ | $7.233K | 135.8K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 687773 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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5.5¢ | 61229 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 687773 | 0.052 |
7 | 1074141 | 0.050 |
3 | 702000 | 0.049 |
2 | 150028 | 0.048 |
1 | 110000 | 0.047 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 61229 | 1 |
0.058 | 109109 | 2 |
0.059 | 40000 | 1 |
0.060 | 155000 | 3 |
0.061 | 60000 | 1 |
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