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$2.80 southern cross gold ltd

Ann: SXG Drills 2,318 g/t Gold over 1.0 m in best hole, page-47

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Nanuterra

1,368 Posts.

252

08/03/24

12:27

Post #: 72812526
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Originally posted by cobrakai1984: ↑

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.

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You're the only poster making sense on here.

SXG Price at posting: $1.85 Sentiment: None Disclosure: Not Held
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(20min delay)
Last $2.80		Change 0.000(0.00%)		Mkt cap ! $547.5M

Open	High	Low	Value	Volume
$2.80	$2.82	$2.71	$1.230M	441.6K

Buyers (Bids)

No.	Vol.	Price($)
1	1019	$3.00

Sellers (Offers)

Price($)	Vol.	No.
$2.66	171	2

View Market Depth

No.	Vol.	Price($)
5	2863	2.800
1	1181	2.790
1	1650	2.780
2	18059	2.770
4	9407	2.760

Price($)	Vol.	No.
2.810	7333	6
2.820	3656	2
2.840	1236	2
2.850	1236	1
2.860	16677	2

Last trade - 15.59pm 05/06/2024 (20 minute delay)


Last $2.81			Change 0.000 ( 0.35 %)
Open	High		Low	Volume
$2.80	$2.82		$2.72	26205
Last updated 15.59pm 05/06/2024 ?

SXG (ASX) Chart

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