Just wonder when the next move will come - meantime, interesting article as follows:
... Major mining companies prefer to avoid the exploration side, Rick says, because companies generally must pursue multiple fruitless endeavors before, if ever, attaining success – and this period of failures is punished by shareholders. This has led to increasing collaboration between juniors and majors, and the majors focus on the acquisition of successful juniors as a focus growth strategy.
... Successful investing and speculating in the sector is truly about discriminating amongst choices.
http://www.mining.com/web/the-hidden-edge-of-junior-mining-companies/
The heading confirms my current view of Draig. No big takers of stock yet, but guess we just 'watch this space'?
Cheers :)
- Forums
- ASX - By Stock
- cash balance 160% mkt cap
Just wonder when the next move will come - meantime, interesting...
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BGL (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.31 |
Change
0.020(1.55%) |
Mkt cap ! $1.676B |
Open | High | Low | Value | Volume |
$1.29 | $1.32 | $1.28 | $9.023M | 6.937M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 99998 | $1.31 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.32 | 121856 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 99998 | 1.310 |
1 | 9530 | 1.305 |
7 | 9970202 | 1.300 |
3 | 75344 | 1.295 |
6 | 214149 | 1.290 |
Price($) | Vol. | No. |
---|---|---|
1.315 | 121856 | 8 |
1.320 | 239485 | 11 |
1.325 | 133581 | 5 |
1.330 | 66848 | 4 |
1.335 | 10036 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
BGL (ASX) Chart |