Volume is decent this morning even though the Gold price pulled back with some profit taking.Dont let that scare you though. With the resource upgrade to test 2 million ounces(which will be announced very soon) this is cheap(IMO) considering the number of shares on issue. A break through the $1.00 is imminent. Approx 2mil ounces(after upgrade) at current prices - Getting pretty close to 3 billion dollars in ground value. With possibly several million more ounces to be discovered(great mines with underground potential eg Central)this should get a real rocket up the proverbial.Plenty more areas to be tested including the ABN land. With approx 260 mil shares on issue, do the sums. IMHO this is worth several times more than the current price. Looking forward to some news before Christmas and an exciting 2011 and well beyond. Cheers :)
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Last
2.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.90M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 2.9¢ | 2.7¢ | $65.63K | 2.340M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1049866 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 120641 | 1 |
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| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| TAM (ASX) Chart |