Sorry, but what...?
Mining/exploration companies don't have to be one trick ponies... If anything, diversity in the mineralization/ore of your tenements/projects is a good thing as revenue/production won't be crippled if demand dries up. Gold is a bit different due to its intrinsic value hence why DEG is having such success with their project after their initial drill results.
For instance, Chalice (CHN) started out as a Gold Exploration company with the Pyramid Hill project but they also have Julimar (PGE-Nickel-Copper) & Hawkstone (Nickel-Copper-Cobalt).
OAR has similar diversification in their tenements while having nearology to projects that have released substantial drill results.
BRE-X was an elaborate fraud and is unlikely to ever transpire again as the sector has taken it as a learning experience to prevent recurrence.
Sure, there is still a significant degree of risk investing in these micro-cap mining exploration companies despite nearology but on the flip-side, this is where you will see the largest gains if you have the patience & drill-results are positive.
- Forums
- ASX - By Stock
- OAR Predictions
Sorry, but what...?Mining/exploration companies don't have...
-
- There are more pages in this discussion • 1,318 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OAR (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.601M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $3.758K | 2.503M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
58 | 114003754 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 52868242 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
54 | 99003754 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 52868242 | 18 |
0.003 | 28849033 | 15 |
0.004 | 16916283 | 14 |
0.005 | 11686678 | 17 |
0.006 | 6814254 | 8 |
Last trade - 16.10pm 20/09/2024 (20 minute delay) ? |
Featured News
OAR (ASX) Chart |