At present I am fully out of gold stocks. The junior market is not the place to be at present. BUT if market sentiment returned then I would want to see +2.0 g/t grades (Noting that the resource grade will be quoted at say 0.5-1 g/t lower cuts and thus lower), 10-20 m true width over a strike length of 1km+. These sort of numbers would turn aaj into a 5-10 bagger.
Pretty much every primary gold orebody will have a high grade plunge that drives the economics and aaj needs to define one in amongst the very ow grade they currently are hitting (which by my calcs is a weighted average of 0.4 g/t based on the results to date from all of the drilling)
At present I am fully out of gold stocks. The junior market is...
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AAJ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.3¢ |
Change
-0.002(13.3%) |
Mkt cap ! $3.997M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.3¢ | $14.26K | 1.041M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 391000 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 300000 | 1 |
View Market Depth
| Last trade - 15.43pm 15/11/2024 (20 minute delay) ? |
| AAJ (ASX) Chart |
