Sillak, yeah agree that fundamentals are lining up very well. Grades and drilling not so much of my concern since its looking very well since the beginning. Whats been bothering me is the sovereign risks but seems like things are changing. India/China more interested, gold price fundamentals, UN and UK embassy establishing in Kyrgyzstan (shows more confidence from other countries), IMF bullish view, NATO support... Things are looking good in my view.
I'm not so much a drilling/grade expert. Everytime results are not delay, its easy to see people mood and emotion sway around. Today was a funny one, 30k unit only, which is like what, $6000 ? to the downside. Funny but doesn't worry me.
I suspect lab report will be late like most miners, around 1-2 weeks max.
Given the price that we're seeing, 21.5 cents, it seems like the market have factor in NO results or super low grade found, LOL. Hope any result from now on is going to be good.
news, page-11
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21.0¢ |
Change
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Mkt cap ! $157.1M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.0¢ | 20.5¢ | $26.36K | 125.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 51371 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 100000 | 1 |
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| TCG (ASX) Chart |