SXG 3.34% $2.89 southern cross gold ltd

oversold and way undervalued, page-37

  1. 21,227 Posts.
    not only are people being recycled, but the marda prospect has been recycled - again and and again. watso first, bumped into the marda stuff, about 30 years ago - and not much has changed since then. one day, the deposits will be mined. for sxg shareholders, they will hope that it will benefit them.

    sadly, the critical mass, might not be there. watso used to think that there must be some talk between sxg, and bcn. given the proximity of the bcn deposit to marda - then there must have been some talking, but maybe there has been no agreement.

    any development will require a massive equity injection (ie share issue). the hope is probably that cash flow will fund exploration, which will find more deposits.

    keep in mind, that issues relating to the mt manning reserve, have been a problem in the area
 
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Last
$2.89
Change
-0.100(3.34%)
Mkt cap ! $565.5M
Open High Low Value Volume
$2.99 $3.05 $2.89 $506.5K 171.2K

Buyers (Bids)

No. Vol. Price($)
1 2040 $2.89
 

Sellers (Offers)

Price($) Vol. No.
$2.93 3233 1
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
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