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22.5¢ summit minerals limited

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deerdog

387 Posts.

65

01/07/24

21:44

Post #: 74556643
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Originally posted by Novac: ↑

Goodwyne,

I have SUM on my watchlist. I have learn't to be conservative with rockchip reporting as have been burnt in the past. I only bought WA1 after they announced their maiden drill results. Each to there own, if people want to invest in rockchips early, that's up to them. I'm happy to forgoe the cheaper prices for more certainty. I'd be happier to pay 70c on great drill results than 35c today based on the risk.

Only recently I invested in SLM, Lithium project in Brazil which had very large spodumene crystals reported. I took a snippet and pasted below, look familiar?
The drill results came back poor and the project was abondoned. the spodumene crystals were some of the biggest seen.

Price went to $1.20 pre-drilling and the sp is now 9c.

I know what its like to be excited about holding a stock with great potential, people get in trouble when they're wearing blinkers. People don't want to hear about anything negative. With any investment the pros and cons must be extensively researched.

Good luck to you with your investment here.

Expand

Soooooo.......
You're comparing Jaguar to Equador, Aratapira, t-1 t-2, Juazeirinho, Santa Sousa, Hercules north & south and the Stallion project?

SUM Price at posting: 34.5¢ Sentiment: Buy Disclosure: Held
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Last 22.5¢		Change -0.020(8.16%)		Mkt cap ! $19.69M

Open	High	Low	Value	Volume
24.5¢	25.0¢	22.5¢	$192.4K	830.7K

Buyers (Bids)

No.	Vol.	Price($)
4	42555	22.5¢

Sellers (Offers)

Price($)	Vol.	No.
23.0¢	23000	2

View Market Depth

No.	Vol.	Price($)
3	32555	0.225
11	77723	0.220
5	70232	0.215
5	226047	0.210
2	36000	0.205

Price($)	Vol.	No.
0.230	23000	2
0.235	68903	4
0.240	14347	2
0.245	10000	1
0.250	37103	5

Last trade - 12.10pm 20/08/2024 (20 minute delay)

SUM (ASX) Chart