Adam,
I accumulated PLV, LYC and SDL in the first quarter last year before their massive rerates. They were all sitting on deposits that were JORC compliant but for some apparent reason, the general market was hesitant. The risk in juniors is prior to a discovery ...not after!
Many were discrediting their resources, as in the case with PLV, but management just focused on upgrading their resources and mooching towards production. OVR is in a similar position in the development cycle and I think the market will start to see that. Of course, when the herd takes their positions, we will be valued way higher.
PLV was at 40 cps....
LYC was at 50 cps..
SDL was at 19 cps...
They all had proven discoveries and deposits..market always takes a while to warm up.
uptrend nicely intact, page-75
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RNX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.80M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $26.66K | 2.666M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1514800 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 1434930 | 4 |
View Market Depth
| Last trade - 12.10pm 19/07/2024 (20 minute delay) ? |
| RNX (ASX) Chart |