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16.7%

0.7¢ surefire resources nl

Ann: Yidby Gold Project Massive Gold Intersects, page-278

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Gollada

1,561 Posts.

309

08/05/21

11:39

Post #: 53035600
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Originally posted by High returns: ↑

As a medium term holder....I just hold...I am obviously disappointed in the lack of market interest at the announcement this week. But to be clear I don’t think the “big” players are manipulating the price. I think that’s too easy a go to and every disappointed shareholder seems to use it. This company’s value to way to low with way to many shares for a big player to want to manipulate it.

I think at the point while they have struck great results they are still not able to quantify the size and potential life of a mine. Maybe from the next few results they can do that. If they can firm up the reserves and they are good I believe this stock can fly. But at this point the market will have a tough time valuing the stock so many may prefer to bypass it. Personally I think that it’s got good prospects, but if you consider not only the fact that there are no defined reserves and the tough time the backs and government have been giving mining companies, until they are a little down the path they will struggle to get the attention they want

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Does GBR have defined reserves? what about DRE, with lower grades and no recent/major upcomming announcements trading at similar SP as SRN.

SRN Price at posting: 2.6¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 0.7¢		Change 0.001(16.7%)		Mkt cap ! $13.90M

Open	High	Low	Value	Volume
0.7¢	0.7¢	0.7¢	$140	20K

Buyers (Bids)

No.	Vol.	Price($)
6	2801091	0.6¢

Sellers (Offers)

Price($)	Vol.	No.
0.7¢	11834423	16

View Market Depth

No.	Vol.	Price($)
6	2801091	0.006
18	10638160	0.005
12	13800101	0.004
4	5599000	0.003
6	7900000	0.002

Price($)	Vol.	No.
0.007	11834423	16
0.008	4583506	10
0.009	3842332	5
0.010	9151825	12
0.011	3571818	3

Last trade - 10.08am 08/08/2024 (20 minute delay)

SRN (ASX) Chart