To be honest, I have never been overly keen on the whole nearology thing I am always happy to trade it, but never really bite in too hard cause someone else discovery is not your discovery.
But I have to say here the more I look the more I think the more it looks pretty dam attractive.
Cause when it comes down to it, what is the main difference between GAL and LEG right before this discovery? LEG had soils, aircore and were drilling EM targets, GAL has soils, aircore and are going to drill EM targets.
Having a look through how these deposits will be found, cause there are probably upto a dozen nova sized discoveries waiting to be found in the belt.
It's pretty much blind drilling EM targets led by some low levels of nickel in aircore.
It comes down to probability if you have enough land and define enough targets and drill enough of those targets you may well find one of these.
GAL same probability so many drills in the ground soon, it's hard to see it staying at 20cents if the neighbour has just struck a billion-dollar find and all the new LEG millionaires start looking for 2.0, current 20cents is going to look ridiculous compared to $100mill valuation they were paying up the road.
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To be honest, I have never been overly keen on the whole...
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Last
26.0¢ |
Change
-0.030(10.3%) |
Mkt cap ! $51.38M |
Open | High | Low | Value | Volume |
28.5¢ | 28.5¢ | 26.0¢ | $34.61K | 130.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 26144 | 26.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.0¢ | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 26144 | 0.260 |
4 | 145213 | 0.255 |
8 | 102395 | 0.250 |
3 | 56400 | 0.245 |
5 | 119229 | 0.240 |
Price($) | Vol. | No. |
---|---|---|
0.270 | 5000 | 1 |
0.275 | 112807 | 1 |
0.280 | 131177 | 4 |
0.290 | 117942 | 5 |
0.295 | 68000 | 2 |
Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
26.5¢ |
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Change
-0.030 ( 1.85 %) |
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Open | High | Low | Volume | ||
27.0¢ | 27.0¢ | 26.5¢ | 50851 | ||
Last updated 15.55pm 13/05/2024 ? |
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MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
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