The reasons i will hold this :
Future jorc increase as currently 525,ooo ounces.
Drilling programme defining new gold zones atm.
Hong Kong investors paid $3million at 3 cents.
Currently roadshows going on.
Remember that Warrego Gold Plant can be fast tracked for gold production to start down the track.
Dont need more funding as have $10 million in bank.
Market sentiment is in upswing mode with junior species.
What about Copper as the TC area had lots of it and currently copper at $8000 tonne,this will be icing on the cake.
Believe when all drilling done the JORC will be well over 2 million ounces as a minimum with higher potential.
To me this stock should be trading higher and Traders should stay out as its a long term hold and accumulate on weakness.
Enough for now and happy investing..
the ever bigger picture
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Last
$3.45 |
Change
0.020(0.58%) |
Mkt cap ! $241.0M | |||
| Open | High | Low | Value | Volume |
| $3.43 | $3.49 | $3.40 | $47.77K | 13.84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2899 | $3.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.49 | 432 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| DSE (ASX) Chart |