Amigos, shareholders can feel pretty good about their investment, in spite some whinging and moaning (probably by those who never had the guts to invest in this amazing stock). Below is the chart of the shareprice for the last 6 months. To finish the week, I'd just like to make some comparisons to "big sister" Fosterville, which was discovered in 2015. This year it produced its 4 millionth ounce of gold. It, like Sunday Creek, has high arsenopyrite in its ore and is an orogenic gold deposit (that is important so look it up if you don't know what it means). Fosterville uses a gravity & flotation flowsheet, just like that proposed by SXG. Also, Fosterville is an underground operation and the Canadian company's website reports it has an all-in-cost of production of only $450 per ounce, which is much lower than almost all gold producers in WA or elsewhere in Australia. SXG has a resource target of 1.2 to 1.6 million ounces, which is based on only a percentage of the deposit and it doesn't include recent high grade infilling data. HAVE A GOOD WEEKEND!
- Forums
- ASX - By Stock
- Ann: SXG Drills 2,318 g/t Gold over 1.0 m in best hole
Amigos, shareholders can feel pretty good about their...
- There are more pages in this discussion • 5 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
(20min delay)
|
|||||
Last
$2.27 |
Change
-0.050(2.16%) |
Mkt cap ! $208.6M |
Open | High | Low | Value | Volume |
$2.32 | $2.36 | $2.16 | $813.2K | 364.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1092 | $2.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.32 | 1218 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1092 | 2.250 |
1 | 75000 | 2.230 |
1 | 461 | 2.170 |
1 | 2000 | 2.160 |
1 | 1000 | 2.150 |
Price($) | Vol. | No. |
---|---|---|
2.350 | 425 | 1 |
2.360 | 4336 | 2 |
2.370 | 3000 | 1 |
2.390 | 2000 | 1 |
2.400 | 175 | 1 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
Last
$2.25 |
  |
Change
-0.050 ( 3.16 %) |
|||
Open | High | Low | Volume | ||
$2.31 | $2.35 | $2.17 | 95863 | ||
Last updated 15.59pm 03/05/2024 ? |
Featured News
SXG (ASX) Chart |