Not sure of the direction this company is taking.
It has some gold and processes it. Raises money and processes silver. Makes a few dollars but never really has any spare cash.
Bought a project in NZ.
The market doesn't seem to like exploration stocks, even those that have significant finds, when there is no clear path to actual mining.
the sales of gold and silver have no real impact.
There are a lot of steps before this is a mining company.
1) DFS
2) Permitting. this can take forever while the share price languishes.
3) There is no timeline, no clear plan of how and when the directors are going to start production and create value for shareholders.
I have no idea how they are going to achieve any end game and in what time frame.
I don't think the directors have any clue either?
Not sure of the direction this company is taking.It has some...
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Last
6.2¢ |
Change
-0.005(7.46%) |
Mkt cap ! $41.66M | |||
| Open | High | Low | Value | Volume |
| 6.5¢ | 6.5¢ | 5.9¢ | $117.4K | 1.910M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 57616 | 5.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.2¢ | 199999 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
6.0¢ |
Change
-0.005 ( 1.69 %) |
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| Open | High | Low | Volume | ||
| 6.1¢ | 6.4¢ | 5.9¢ | 1287846 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| MKR (ASX) Chart |