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SXG

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2.89%

$2.69 southern cross gold ltd

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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 $2.69		Change -0.080(2.89%)		Mkt cap ! $520.9M

Open	High	Low	Value	Volume
$2.74	$2.75	$2.67	$812.8K	299.9K

Buyers (Bids)

No.	Vol.	Price($)
1	200	$2.68

Sellers (Offers)

Price($)	Vol.	No.
$2.73	7357	1

View Market Depth

No.	Vol.	Price($)
4	11712	2.670
2	11333	2.660
6	19733	2.650
3	5620	2.640
1	5000	2.620

Price($)	Vol.	No.
2.730	7357	1
2.740	2461	1
2.750	1333	2
2.760	1333	1
2.770	1333	1

Last trade - 16.10pm 23/05/2024 (20 minute delay)


Last $2.70			Change -0.080 ( 2.45 %)
Open	High		Low	Volume
$2.72	$2.75		$2.68	54704
Last updated 15.59pm 23/05/2024 ?

SXG (ASX) Chart