Well it goes without saying really. Share price is low, the time to lob a bid would be before drilling Aguinaga, positive results there could potentially drive Solgold a lot higher. I would not be in the least surprised if one of the majors drop a bid in the next month.
I think its interesting that Solgold has elected to go for Aguinaga. Why not leave it as tantalising upside kicker for whoever makes a play.
NM obviously has thought out the timing and might be scared of oppourtunistic bid..
Maybe a few of the majors have taken a stake and are unknowingly working together to get the price down pre bid?
Me three or four perhaps?![]()
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1.1¢ |
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Mkt cap ! $11.48M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 2322522 | 1.1¢ |
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Price($) | Vol. | No. |
---|---|---|
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View Market Depth
No. | Vol. | Price($) |
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2 | 850000 | 0.010 |
5 | 919667 | 0.009 |
2 | 260000 | 0.008 |
1 | 200000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 250000 | 1 |
0.013 | 150000 | 1 |
0.014 | 268000 | 1 |
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