SXG 3.88% $2.23 southern cross gold ltd

For those concerned about this hole being drilled so close to...

  1. 389 Posts.
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    For those concerned about this hole being drilled so close to SDDC050, my understanding is this type of deposit requires tightly spaced drilling to follow the high grade. Then you follow it along and keep uncovering more that can run a long way. At least that's what I heard they did at Fosterville and now at Newfound Gold with similar geology.

    I don't have granular enough trading data but it sure looks like the downdrafts in today's price is on smaller volume then large accumulation bumps it up again. I suspect the 'smart' money is now onto SXG. The next few holes could really set this on fire.
    Last edited by Nortalk: 05/09/23
 
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Last
$2.23
Change
-0.090(3.88%)
Mkt cap ! $436.3M
Open High Low Value Volume
$2.28 $2.32 $2.20 $337.7K 150.8K

Buyers (Bids)

No. Vol. Price($)
1 99 $2.23
 

Sellers (Offers)

Price($) Vol. No.
$2.26 150 1
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Last trade - 16.10pm 01/07/2024 (20 minute delay) ?
SXG (ASX) Chart
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