We have had multiple investor presentations before without cap raising fact, obviously that doesn't mean this time we wont, and it would be fair for ppl to put some thought toward the possibility.
The tenements have had massive supergene zones already mined as stated (cant remember which but im guessing it was trojan area) in latest preso so dont listen to people saying they are disappointing, they have already been mined! 26 grams per tonne by memory and tonnage listed in investor pres. The existence of those highly enriched zones that have already been mined shows that the area does have potential for deeper thick, decent grading pay dirt alongside much more shallow sections in between holes. We have already had some good hits in a tiny section of slate damn tenement. Most holes encountered gold to some degree.
To say there serpgene zone is not that impressive at slate and surrounds just shows a lack of understanding of history of the tenements. Much near surface mining has already taken place, hiding in many cased the gold around it to some degree.
However we have just concluded an advanced Arial survey with brand spanking new technology that may reveal some verifying interesting information, interesting enough to make the stock run unexpectedly? who knows but we have some amazing tenements and a plan to find the gold on them, bring it on I say! Its a speculative stock with a gun geologist and large tenements that include active mines in the past and even an existing JORC resource.
We have gold, that's not really the question anymore, its locating the big pay sections which they are working on now I believe by compiling all data sets available and adding in some advanced Arial imaging.
Good luck to all holders, not fussed about a cap raise to much but Id expect we have very interesting news from the sky coming!
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1.3¢ |
Change
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Mkt cap ! $3.997M |
Open | High | Low | Value | Volume |
1.4¢ | 1.4¢ | 1.3¢ | $14.26K | 1.041M |
Buyers (Bids)
No. | Vol. | Price($) |
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4 | 391000 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.4¢ | 300000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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8 | 801910 | 0.021 |
6 | 1095049 | 0.020 |
5 | 595446 | 0.019 |
3 | 245333 | 0.018 |
2 | 233000 | 0.016 |
Price($) | Vol. | No. |
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0.022 | 100000 | 2 |
0.023 | 3515167 | 1 |
0.024 | 141704 | 2 |
0.025 | 240039 | 2 |
0.026 | 200000 | 1 |
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