I have been watching a number of Australian exploration companies opereating in Mongolia including TVN and Voyager and it appears that they are tracking each other both in terms of investor interest and also their activities are very similiar in respect to their drilling programs.
Today Voyager (VOY)is up nearly 9% on 24 million shares and TVN is up 9% on moderate volume but for once there is strong individual buying ie million share orders and there are more buyers than sellers in both stocks which is unusual.
In my opinion, Mongolia, compared to so many other countries is the place to be mining. There is a government which is bending over backwards to encourage investment, it is close to China and has a good infrastructue network and would have a large labor pool when it comes to the mining stage.
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mongolia seems to be the hot spot
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Last
6.0¢ |
Change
0.007(13.2%) |
Mkt cap ! $84.63M |
Open | High | Low | Value | Volume |
5.5¢ | 6.0¢ | 5.5¢ | $267.7K | 4.724M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 8000 | 5.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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6.5¢ | 57701 | 2 |
Last trade - 15.53pm 18/11/2024 (20 minute delay) ? |
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