Received call from broker today wanting to know if I was interested in participating in IPO for gold explorer at 20 cents per share. Now this company has no defined reserves and only very prelim results from assay drilling. I politely declined knowing that I already hold HEG shares which, and please correct me if I am wrong, already have a recognised ore deposit of some 500,000+ ozs gold in addition to often discussed Kaolin deposits and is priced at substantial discount to IPO Now I don't know much about irrational markets etc and what moves tickers, but I do know that a bird in the hand is worth two in the bush and the acknowledged gold reserves held by HEG seem not to feature heavily in discussions I look forward to future comms revealing the go forward strategy for HEG and it soon moving into more realistic valuations which reflect its core asset strength Just my opinion
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- interesting telephone call today
interesting telephone call today
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.993M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $3 | 1.08K |
Buyers (Bids)
No. | Vol. | Price($) |
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15 | 28397482 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.3¢ | 3983605 | 7 |
View Market Depth
No. | Vol. | Price($) |
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15 | 28397482 | 0.002 |
13 | 73199960 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.003 | 3883605 | 6 |
0.004 | 7114002 | 6 |
0.005 | 5000000 | 3 |
0.006 | 1030000 | 1 |
0.007 | 1100000 | 1 |
Last trade - 15.09pm 16/08/2024 (20 minute delay) ? |
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