You make a good point Rur in that the Qrtr did bring a loss of about $1.2m but I'd be happy if it was $1.5m.
I say that because if it leads to Significant Gold Discoveries or PASS Contracts then it's a drop in the bucket. When 50% of Expenditure is on Exploration it's a good sign for a Gold Explorer, in fact KLA/Fosterville probably spent $50m on Exploration before they found the Swan Zone and have spendt that & more each year since but nobody is complaining.
It's all relative. If it eventually leads to a strike that leads to 1M plus Ounces of Gold, it's like spending $10 to make $10,000.
The difference between you and I is that I see an upside and you don't (or can't.) You could be right but not because you have done any research. You have no skin in the game & bring bugger all to the table of an Informed Debate, but then I doubt that is your objective.
If we as Investors are wrong we won't blame anyone - it is after all our decision to Invest. But what I see with the Down Rampers is not them taking Responsibility for their own Decision. I see The Victim Mentality play'g out where someone else has to be the blame for some obscure reason which is never transparent or disclosed. Informed debate - bring it on but bitterness & deflecting blame, well that's the sort of thing kids do.
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You make a good point Rur in that the Qrtr did bring a loss of...
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Last
2.3¢ |
Change
0.006(35.3%) |
Mkt cap ! $15.93M |
Open | High | Low | Value | Volume |
2.0¢ | 2.5¢ | 2.0¢ | $306.8K | 13.37M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 510000 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 499999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 378333 | 0.060 |
2 | 59000 | 0.059 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.062 | 182288 | 1 |
0.063 | 16847 | 1 |
0.065 | 25793 | 2 |
0.067 | 70000 | 1 |
0.070 | 5500 | 1 |
Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
NAG (ASX) Chart |