It would appear that you think SEG have done what know no one else has ever thought of in picking up the most prospective ground in the whole of the Yilgarn . Are you such an expert you can predict that every other geologist has missed this target just because you think it's has the right rocks, structure etc. Gee and that's what I thought exploration geologists do for a living? the Yilgarn is full of targets with the right rocks structures etc that turned out to be duds! EVERY real geologist knows the probability of finding an economic deposit is very low yet somehow SEG are going to defy the odds? Bring on the lie detector.
Do you think Out of the 100+ asx listed gold companies and the thousands of private explorers in the Yilgarn SEG has somehow ended up after 6 years of wealth destruction with the most exciting gold prospect in the Yilgarn? They secretly waited until the ground became vacant and then snapped it up under the nose of other explorers based on their superior exploration knowledge of the area? I don't think so.
I traded them before when they were hyping up the nickel and it went for a run. They actually had a real geologist working for them then.
So Good luck to them I will happily trade them IF the signals say so.
The metamorphism around there is upper amphibolite. The sequence is typical of that belt and there are literally thousands of exploration targets based on results and interpretations.
As much as you may deny it I still suspect you are involved (or were) with the company. PS how's Pardoo going?
SEG Price at posting:
3.3¢ Sentiment: Sell Disclosure: Not Held