SUM 0.00% 20.0¢ summit minerals limited

They've picked the crystals out of the Pegmatite outcrops,...

  1. 3,694 Posts.
    lightbulb Created with Sketch. 570
    They've picked the crystals out of the Pegmatite outcrops, this is seriously misleading and overall a bad look for the sector. No Pegmatite hosted Nb ever has this type of grade.
    This is the equivalent of picking gold out of a quartz host underground, chipping the quartz off and assaying concentrated gold nuggets, guess what the grade will be...

    Tomorrows assays should be nearly pure by the way SUM selects. This isn't SUM's fault entirely. It's the ASX, not enforcing standards.
    Most investors here haven't a clue.
    This, imo is illegal.
    Laugh away, and call me what you will.
    I just hope the blowback from this type of bs doesn't affect the stock I hold, as investors need to trust the reporting standards are consistent.
    I've never been accused of trolling. I hope everyone makes some cash here. It's about industry reporting standards, there needs to be an level playing field.
 
watchlist Created with Sketch. Add SUM (ASX) to my watchlist
(20min delay)
Last
20.0¢
Change
0.000(0.00%)
Mkt cap ! $14.37M
Open High Low Value Volume
20.0¢ 20.0¢ 20.0¢ $33.28K 166.4K

Buyers (Bids)

No. Vol. Price($)
4 164431 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 20713 3
View Market Depth
Last trade - 10.36am 30/07/2024 (20 minute delay) ?
SUM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.