Hi MM
Good question, simply the stock was way under valued with large porphyry copper potential in Peru becoming like the elephant in the room relative to others, with massive projects there with low costs relative to AUS.
Fraser Range can send it "anywhere given successful drilling" with Sirius maxing out at $5.00 so the medium term say 3-4 months will give us some idea on Fraser,then Peru will kick, importantly with some backing from a major mining house in Cliffs, therefore, depending on their Burkina Faso project & Gold and Silver prices..(not to mention other base metals they found) may b the bonus they can create if needed with a little more drilling.
I would give it 6-12 months to mature, pending Peru size and grade,then such projects could offer us a very good long term cash flow...
AQD have been to 60-70c quite a while back, you have to hold and invest not cut and run too early, because when they find more, you will have to invest more for less leverage. GLTU MM
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- rising star .... good article in rrs today
rising star .... good article in rrs today, page-10
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1.1¢ |
Change
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Mkt cap ! $8.251M |
Open | High | Low | Value | Volume |
1.0¢ | 1.1¢ | 1.0¢ | $5.031K | 500K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 317364 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.1¢ | 1690147 | 2 |
View Market Depth
No. | Vol. | Price($) |
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1 | 200000 | 0.012 |
3 | 796457 | 0.011 |
4 | 454499 | 0.010 |
1 | 80000 | 0.009 |
4 | 472241 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 382388 | 2 |
0.016 | 170000 | 2 |
0.017 | 100000 | 1 |
0.018 | 27339 | 1 |
0.020 | 280000 | 1 |
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