Can't disagree with your observation that the company intentionally downplayed the grades by incorporating them into the particular ann you mentioned. A company has to do what a company has to do keep the SP up. I don't have as much a problem with that. As I inferred, the SP is (unfairly) hinged to grades... and, it's obvious that the grades are dropping off the further south they go from Creasy 1 and Harmonic. However, its all about defining the size of a resource and part of that is identifying its physical parameters and unfortunately, the high grades are at Creasy1 which they are not currently drilling. With that being said, that is exactly why the SP is languishing, as you say., though. The company is currently drilling its least prospective area and I guess we and the market is saying exactly that. Its not to say TSC won't hit higher grades at a later date. A good reason to have two parcels in a stock like this, one for holding and one for trading. Get the best of both worlds that way.
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Last
13.5¢ |
Change
0.010(8.00%) |
Mkt cap ! $22.17M |
Open | High | Low | Value | Volume |
13.0¢ | 14.0¢ | 13.0¢ | $80.87K | 604.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 63000 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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14.0¢ | 61750 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 63000 | 0.130 |
3 | 61507 | 0.125 |
6 | 139966 | 0.120 |
2 | 25000 | 0.115 |
5 | 185000 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 61750 | 1 |
0.145 | 65541 | 2 |
0.150 | 106241 | 3 |
0.155 | 155140 | 6 |
0.160 | 100750 | 2 |
Last trade - 15.15pm 30/05/2024 (20 minute delay) ? |
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Last
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Change
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Open | High | Low | Volume | ||
13.0¢ | 13.5¢ | 13.0¢ | 123360 | ||
Last updated 15.15pm 30/05/2024 ? |
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