BLZ 20.0% 0.6¢ blaze minerals limited

BLZ - many baggers potential?, page-161

  1. 10,090 Posts.
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    Even take away the oppies then MC close to 20 mill.

    You've got TMZ for example with a MC of 4 mill drilling with known hits valuing it at 30 mill MC for example. That company is 4 mill MC.

    This is pure Tolga/Bhags pump here. What people dont understand is its more of a LT play.

    If they hit gold its more than likely gonna be already priced in so its a sell the news kind of thing.

    Need to prove a resource before pricing in such a high value. Again this is pump on Tolga kind of play. Nothing wrong with riding it, just dont be caught up top which cant be too far away now cause alot of DT's in this. IMO.

    Of course if you are here for the LT who cares about day to day movement. I do however feel you can sell now and get back in cheaper cause no way she gonna maintain this valuation without any defined resource. All IMO
 
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