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2.86%

3.4¢ st george mining limited

Small Caps Write-Up, page-52

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Dave84

133 Posts.

81

07/11/18

13:04

Post #: 36417665
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Originally posted by mitis ↑

Dave84,
even though people on site are meant to keep secret what they hear and see during the drilling program (insider info), after 25 years playing speculative stocks like SGQ, I have come to learn that sometimes they follow this secrecy requirement, and sometimes they dont - you know, leak to family etc.
I have lost count of the number of times either heavy buying or selling has preceded an announcement that accounts for that share trading behaviour with hind sight.
All I am speculating here is that if the core visuals, that I would expect drillers are extracting from the ground atm (although maybe they haven't reached target yet?) didn't include massive sulfides, the SP would be falling away not rising as has occured so far this week?
Yes pure speculation on my part, but based on past experiences though .....

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OK, I thought that's what you were implying, thanks for clarifying. If you're right, once results are announced, the SP should end up where it would have anyway irrespective of shares purchased earlier by those in the know. Big picture is it'll be another step in the right direction.

SGQ Price at posting: 18.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 3.4¢		Change -0.001(2.86%)		Mkt cap ! $37.01M

Open	High	Low	Value	Volume
3.5¢	3.5¢	3.4¢	$33.72K	984.3K

Buyers (Bids)

No.	Vol.	Price($)
1	80418	3.4¢

Sellers (Offers)

Price($)	Vol.	No.
3.5¢	317410	3

View Market Depth

No.	Vol.	Price($)
1	80418	0.034
6	2003296	0.033
3	3816900	0.032
2	2611111	0.031
9	1030335	0.030

Price($)	Vol.	No.
0.035	317410	3
0.036	200000	1
0.037	1447297	3
0.038	447659	6
0.039	1194000	3

Last trade - 10.31am 01/10/2024 (20 minute delay)

SGQ (ASX) Chart

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