Gold jumps up $30 and the share price hardly moves?
release today was good. they showed the good and bad but the growth for next year was excellent
Simberi Island
? Exploration focused on identifying near
mine, higher grade, oxide resources
? Further encouraging gold results1 from
drilling oxide mineralisation at Botlu and
Pigicow on near-mine prospects
including2:
? 14m @ 5.9 g/t Au from surface
? 65m @ 0.8 g/t Au from 9m
5.9 g/t - most mines these days are doing their main effort on 1 or 2 g/t. as soon as they have finished upgrading this gold mine(Simberi) its going to be a proverbial "Gold Mine" a printing press for money etc...
My SP is a lot higher than the 25+ cents it is now but im still happy with my price.(55 cents)SBM is way undervalued as a lot of you are aware.
Also good news mentioned in the release. they have their drilling and blasting permits now so action will be heppening. Production will start increasing and cost per ounce will fall.
Definitely a mid - long term purchase till april or july for me at least. But hey if it gets a big spike to the $1 mark i will have to sell.
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Gold jumps up $30 and the share price hardly moves?release today...
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21.0¢ |
Change
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Mkt cap ! $171.7M |
Open | High | Low | Value | Volume |
21.5¢ | 21.8¢ | 21.0¢ | $513.4K | 2.402M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 807808 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.5¢ | 78837 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 807808 | 0.210 |
26 | 1459865 | 0.205 |
33 | 1275666 | 0.200 |
15 | 753552 | 0.195 |
22 | 697992 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.215 | 78837 | 5 |
0.220 | 668689 | 17 |
0.225 | 417377 | 7 |
0.230 | 457186 | 9 |
0.235 | 581113 | 9 |
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