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Bullboard - Stock Discussion Forum Norsemont Capital Inc. LOMFF

GREY:LOMFF - Post Discussion

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Post by AnnunakiGold on Feb 24, 2021 9:41am

md

C:NOM Depth by Price @09:35:31
Bid   Ask
Price 0.63 0.64 0.65 0.66 0.68   0.70 0.75 0.79 0.80 0.81
Size 25,000 7,000 3,500 1,500 16,000   26,000 1,000 9,000 1,000 40,000
Orders 1 3 3 2 3   2 1 2 1 1
Comment by fnapts on Feb 24, 2021 2:51pm
This company is cheap! Barrick recently unloaded Lagunas Norte to a private Singapore based company for $80 million USD, plus the purchaser is responsible for $226 million in closure liabilities.
Comment by fnapts on Feb 24, 2021 3:11pm
Barrick mothballed Lagunas Norte once they depleted their oxide resource because they didn't want to upgrade the mill to process the sulphide ore. Both have a similar amount of sulphides, however it is not a direct comparison as Lagunas has a much higher grade than Choquelimpe.
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