Looks like I have to concede at being overly optimistic of a 16.5c price by Sept 2012, unless of course something pops out of the blue in the next 2 weeks.
The assumption at this market cap is the current deposits are not economic.
Why are TECK continuing to drill ? To waste more money on a frivilous attempt to prove an economic resource?
The answer to the 2 questions above is definitely not they are not a green overly optimistic like myself to keep drilling and at such wide spacings and different deposits on the tenemant. They can see the massive size and so can I
It just encourages me to buy more and more until one day the econmics becomes clearer to the market and it will be like chasing a SIR...
market cap
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Last
13.0¢ |
Change
-0.010(7.14%) |
Mkt cap ! $53.12M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.0¢ | $67.37K | 506.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 469991 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 7306 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| RXL (ASX) Chart |