yes, i believe no trading in a week...
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Irc is on the move recently. I am thinking to take a punt.
I was thinking MOY would drop back to around 10c, but today it went up on nothing new really. So still not sure I should buy at this level. Hmmm
Wish I had the money to buy IRC when I first found out JP was in charge ...round 7c
V Nice Quarterly, out for Millennium Minerals Limited
March Quarter trading update (MOY)
The Company produced 23,166 oz of gold in the three months at its
Nullagine Gold Project (Project) in the Pilbara, placing the Company in
a strong position to reach 2016 full-year guidance of 80,000 oz –
85,000 oz.
All-in sustaining costs were $1195/oz. This is at the lower end of fullyear
guidance of $1180/oz – $1220/oz.
(Prob cant call this a Junior now)
Well IMHO on the upper end of the micro cap to 10mill-100mill ....but many have different values given to Mktcaps ....Some in the US markets say jnr is upto 2 billion mktcap ??....
way I've seen it for the resource sectors is roughly 0-10mill nano cap 10-100mill micro cap 100-500mill jnr cap 500-1.5bill midcap 1.5bill+ big cap etc
--some good drill results out from IRC !! upto 10.5c >>>
Missed both boats, MOY and Irc, might have to wait for them drop back a bit.
kdr seems to have more upside potential.. what do you guys think? JB and Penn
Have looked across KDR from the connection to RMS (they lease RMS Burbanks from memory this costs them round 1mill p.a) and still not convinced its a great buy at this stage ..
-15.4mill MCap- 6.6mill in debt -2.1mill cash
they do have 1.2moz resource say 200koz-300koz in reserves .....at Mt holland with good exploration upside ....production likely start of 2018 ... giving est AISC just under $1200oz AUD
good one for the watchlist ....but for me MKO - NKP should do better this year
Why is buying into a strengthening stock a bad move? Both these company's have all their best days ahead of them.
DYR - MOY have been drilling the sh*t out of their tenements and are announcing an upgrade in resources & reserves at the end of April (we are in mid April now).
IRC just announced spectacular drill results at Teal - you can still get shares at 10 cents or thereabouts.
If the share prices are holding or not dropping by much in an environment where the gold price is falling, that's a good thing. It means buyers / holders can see the potential.
Just a heads up guys; there is a Lithium thread now if int.There has and are really good profits to be made now, no need to wait.