SNG 1.32% 7.7¢ siren gold limited

Ann: Trading Halt, page-13

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  1. 2ic
    5,923 Posts.
    lightbulb Created with Sketch. 4975
    https://hotcopper.com.au/data/attachments/4537/4537971-a0518b3a06fbc07d2be47cffc2fa2ef6.jpg
    "There is a good reason why institutional and professional investors have just invested $4+m into SNG and its not because they are nice people...."

    Or they're neither institutional and professional investors... only clueless broker clients buying discounted CR's to flip into retail. Fair enough also, on average it's a money making trade (so long as you don;t hold on too long) and requires zero knowledge or smarts... just saying

    Wonder how much longer the 'stibnite and free gold at depth' story has got based off a one hole flyer (84 2.5m @ 358g/t carried by 0.FAm @ 1460g/t). Looking at the surface float sample it looks exactly the same as hole 84 drill core at depth.... so why not keep the story simple? There is variable but rare stibnite and free gold enrichment within the shoots from surface to depth and nothing about the McVicar shoot's 'average' gold per vertical meter has changed since the old days...
    https://hotcopper.com.au/data/attachments/4538/4538022-4af0223a2bf20d6ec8df39c6003fa1b9.jpg
    https://hotcopper.com.au/data/attachments/4538/4538032-6b07d8ee9a8973c982db0505d2425a37.jpg



 
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