Hello 1367, Very valid questions, I agree that the MC barely considers the swath of assets KRC is sitting on. See this page for some of the moderating factors and a comparative analysis of how inground resource translates into market value. http://www.*****.com/commentaries/2015-06-03/The-Real-Value-of-Gold-in-the-Ground.html?sitetype=fullsite I agree that the drill area is very limited, though an average grade so far at nearly an ounce per tonne things are looking promising. I believe management is smart to establish more comprehensive data, moving closer to JORC compliance, on a highly prospective area first. Rather than spending big shooting in the dark. Once this is done an extension of the resource along the strike length could really ignite the market.
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Hello 1367, Very valid questions, I agree that the MC barely...
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Last
0.9¢ |
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Mkt cap ! $13.98M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.9¢ | $18.40K | 2.045M |
Buyers (Bids)
No. | Vol. | Price($) |
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3 | 1195640 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.0¢ | 3919010 | 9 |
View Market Depth
No. | Vol. | Price($) |
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3 | 1195640 | 0.009 |
15 | 15007500 | 0.008 |
7 | 6309085 | 0.007 |
10 | 5680808 | 0.006 |
10 | 7138888 | 0.005 |
Price($) | Vol. | No. |
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0.010 | 3919010 | 9 |
0.011 | 4873656 | 6 |
0.012 | 2246274 | 8 |
0.013 | 162000 | 1 |
0.014 | 34000 | 1 |
Last trade - 10.31am 03/05/2024 (20 minute delay) ? |
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Open | High | Low | Volume | ||
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Last updated 10.31am 03/05/2024 ? |
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RAIDEN RESOURCES LIMITED
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