Very exciting to see the Gold Price breakout to the upside so quickly and aggressively in the last few trading sessions.
It is fast approaching $US1,900/Oz, making Siren Gold's high grade gold deposits that are at surface and near surface in NZ a very profitable gold mines.
Siren's current market cap of only $18milllion shows it is significantly undervalued.
Big River alone hosts 2 large gold lodes/shoots from the surface which is virgin ground and untouched by the old-timer miners. Prima Donna (orange) and A2 (purple), highlighted by the red X.
The areas beneath previously mined high-grade ore shoots, Shoot 1(light blue), 2 (green), 3(pink), and 4 (peach) is all still intact. Gold Mining stopped in 1941 not because the gold ran out, but because they ran out of workers.
Alexander River is also showing a lot of high-grade gold, where the high-grade gold shoots and lodes are thickening at depth, you can see the increase in thickness of these gold shoots and lodes by at least 100-120% compared to above the dotted line.
Current drilling in between the McVicar West Shoot and Loftus-McVicar shoot will be very interesting (highlighted in blue). If Paul Angus confirms this is one single 500-600metre high-grade gold shoot so close to the surface we will see all-time highs in the share price.
- Forums
- ASX - By Stock
- SNG
- Gold Price Breakout $US1,865/Oz heading to $US1,900/Oz
Gold Price Breakout $US1,865/Oz heading to $US1,900/Oz
-
- There are more pages in this discussion • 33 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 SNG (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.1¢ |
Change
0.006(9.23%) |
Mkt cap ! $14.27M |
Open | High | Low | Value | Volume |
6.8¢ | 7.1¢ | 6.6¢ | $139.0K | 2.061M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 7.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.1¢ | 48482 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.070 |
1 | 107500 | 0.069 |
1 | 190901 | 0.068 |
2 | 23714 | 0.067 |
8 | 89830 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.071 | 48482 | 1 |
0.078 | 350000 | 2 |
0.079 | 12495 | 1 |
0.080 | 178239 | 3 |
0.090 | 56127 | 1 |
Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
|
|||||
Last
7.1¢ |
  |
Change
0.006 ( 9.23 %) |
|||
Open | High | Low | Volume | ||
6.8¢ | 7.1¢ | 6.6¢ | 269792 | ||
Last updated 15.52pm 08/05/2024 ? |
Featured News
SNG (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online