MArket is waiting for Share placement. Usually market starts...

MArket is waiting for Share placement. Usually market starts trading from the price of issue. if share is placed at lower price then market start from lower price.

Last time share placement was only for $500k at 4c. This was before they proved resources. The share were placed to fund the cost of drilling. Now when they have got a jorc they are placing shres to produce gold from that jorc.

Also company is planning to aquire a coal mine to fund the project and i understand it will shortly. Please refer the quaterly for more details.

Whatsoever is the case but 1.1 million gold is worth more than 0.30c per share atleast.

Nor today not tomorow but very soon stock will be a rocket. Wen it will start rising. It will big in a day or two.

USE your own calculation and see is this stock worth 0.6 c ???