SXG
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3.88% $2.23 southern cross gold ltd

its in a bubble now. no JORC resource, fairly deep(>500m )...

  1. cobrakai1984
    5,883 Posts.
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    10/05/24
    12:28
    Post #: 73762304
    its in a bubble now. no JORC resource, fairly deep(>500m ) resource, and market cap is $700m+ on small number of trades and overhype/TSX Fomo.

    by way of example, SMI has over 1.3mil ounces of gold and only $230m valuation.
    RED5 has over 6mil ounces and only 1.5bn valuation.

    This is silly.
    Last edited by cobrakai1984: 10/05/24
    SXG Price at posting: $3.30 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch. 1  Great analysis
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