SI6 16.7% 0.3¢ si6 metals limited

The market responded well to the announcement on open with an...

  1. 30 Posts.
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    The market responded well to the announcement on open with an increase in buyers, volume and indicative price. Unfortunately, it gave way for a few large holders to offload on a high SP which caused the gap down. “Disappointing” social media posts created a snow ball effect panic sell off. On a positive note it gives good opportunity for sophisticated investors to buy in at a cheap price.

    The Botswana update was conservative as it was based off visuals. Hopefully Si6 confirms the off-hole conductors from the electromagnetic survey. The similarities to hole 94 and continuation of the sulphide horizon makes Si6 one step closer (not further) to identifying valuable amounts of Nickel-Copper. Its only a matter of time before the high grade deposits are reflected in Si6 SP.

    The Monument Gold project looks promising due to the geological similarities with close by 1m oz+ gold mines. Dacian Gold is a ~50c stock and is ~10kms away. The Monument Gold Project tenements are rich in gold and existing data proves this. We may see really good results in a few weeks.Si6 has plenty of cash in the bank, prospective mining projects and an experienced management team. IMO it will bounce back on the coming results.

    DYOR
    Last edited by Infinite: 21/01/21
 
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Last
0.3¢
Change
-0.001(16.7%)
Mkt cap ! $5.922M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $11.05K 4.283M

Buyers (Bids)

No. Vol. Price($)
45 73923044 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 17107257 25
View Market Depth
Last trade - 11.04am 21/06/2024 (20 minute delay) ?
SI6 (ASX) Chart
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