So its a crap stock because it fell from a peak of 8.2 in 2011.
I guess by that definition it must be a great stock for having risen from a low of 0.6 of a cent from the 2009 low to 2.6c now?
But hang on, is it a great stock or a crap stock?
I guess the definition depends on the time frame?
Or the definition itself is crap.
With this sort of volatility, I don't see the sp as an indicator of whether this is a crap company or a great company.
The sp is more an indicator of investor sentiment and the POG.
Was it a better company when the sp rose in 2009 from 0.6c to 8c in less than a year? At the time there was no demonstrated economically viable gold resource and no known time to any sort of cash flow. I would say it's a far better company now with a positive balance sheet and near term cash flow.
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Open | High | Low | Value | Volume |
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21 | 72750599 | 0.001 |
0 | 0 | 0.000 |
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0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.004 | 8776859 | 12 |
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