Re: Volume
in response to
by
posted on
Oct 15, 2012 06:42PM
Witswatersrand 2.0 in Australia ?
Thanks for info, Panamax!
My own experience has been that I put in the Ask Price and the price I get 80% of the time is half way between the Ask and the Bid. 20% of the time I end up with getting the Ask price. All my orders at the Ask price get filled within a minute. Like you said, if this project turns out as good as Quinton Hennigh, Bob Moriarity and we all are hoping it will, then the few cents won't matter!
I see on this map of South Africa that the major gold fields containing the gold conglomerate reefs of Witwatersrand are scattered across that basin:
http://wwwu.edu.uni-klu.ac.at/mmessner/sites/rsa/wits/witsmap.gif
It's an encouraging sign that Quinton has already found multiple gold bearing conglomerate reefs at the Beatons Creek and the Mable Bar properties according to the Investor Presentation on the Novo website. How much of these reefs the two properties contain remains to be seen. Only time will tell whether Novo has hit the jackpots within its 1,800 sq. km or 700 sq. miles portions of the vast 60,000 sq. km Hamersley basin.
Can't wait for more drill results extending into the rest of Beatons Creek and initial results from Marble Bar!
Go Novo!