Will the quarterly be out before the close of business tomorrow? I don't think it really matters we already know that it will be a poor result regardless of how they try to guild the lily. We will again hear about the Chinese interest and the negotiations which are still going on, the $18mill, the $70mill the fact is they have managed to squeeze $2mill from the Chinese and if Zhaojin believed and felt things were as good as the company says then surely they would have made a bigger commitment by now. We have 4 weeks left to see if the letter of intent with Jingu actually has legs, why would they be spending $70mill on a JV for part of the operation when they could make a complete takeover for $100mill given current market cap subject to Govt approval, I know thats what I would be doing if there is as much gold there as the company is saying.
DYOR My thoughts only.
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Mkt cap ! $18M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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10 | 4462334 | 0.6¢ |
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Price($) | Vol. | No. |
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0.7¢ | 3241002 | 7 |
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No. | Vol. | Price($) |
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11 | 6870899 | 0.005 |
17 | 9919081 | 0.004 |
15 | 13561079 | 0.003 |
7 | 5703010 | 0.002 |
Price($) | Vol. | No. |
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0.007 | 3241002 | 7 |
0.008 | 3517752 | 7 |
0.009 | 1214443 | 6 |
0.010 | 1751876 | 4 |
0.011 | 1420000 | 3 |
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