the true width was only 70cm of the nugget. 0.7m true width. it wasnt a continuous consistent intersection. hence the word uncut. looks like a lot of investors dont understand mining or the meaning of uncut and dont understand that SXG doesnt have continuous intersections, but a lot of small nugget intersections. so the actual 400m+ intersection is only sporadic intersections of a few metres here and there. It will be tough to extract the gold also. The true width of the ore body is much smaller thickness- in the 40m-60m true width range. It also doesnt have a JORC.
Now well above $350m market cap fully diluted- its over valued on what they have. Its over a small area currently as well.
- Forums
- ASX - By Stock
- SXG
- Ann: SXG Drills 2,318 g/t Gold over 1.0 m in best hole
Ann: SXG Drills 2,318 g/t Gold over 1.0 m in best hole, page-44
-
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SXG (ASX) to my watchlist
|
|||||
Last
$2.56 |
Change
-0.040(1.54%) |
Mkt cap ! $500.9M |
Open | High | Low | Value | Volume |
$2.57 | $2.57 | $2.44 | $268.3K | 106.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 773 | $2.51 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.59 | 773 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 16929 | 2.470 |
1 | 8333 | 2.460 |
2 | 2425 | 2.450 |
3 | 5548 | 2.440 |
1 | 4000 | 2.430 |
Price($) | Vol. | No. |
---|---|---|
2.600 | 20000 | 2 |
2.620 | 2050 | 1 |
2.650 | 9500 | 2 |
2.690 | 600 | 1 |
2.700 | 7200 | 3 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
Featured News
SXG (ASX) Chart |