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Why the Odyssey Gold (ASX:ODY) share price is rocketing 118% higher today Why the Odyssey Gold (ASX:ODY) share price is rocketing 118% higher today The Odyssey Gold Ltd (ASX:ODY) share price is rocketing higher on Tuesday following the release of an exploration update this morning… James Mickleboro has been a Motley Fool contributor since late 2015. After studying economics at university back home in the United Kingdom, James came to live in Australia and managed to land a job at an Australian fund manager. This was the start of a love affair with Australian equities and he hasn t looked back since. James is part of the CFA Institute s Chartered Financial Analyst program and hopes it teaches him how to become an astute investor which allows him to help others with their own investing. Outside of reading and researching he spends many a late night watching the English Premier League and Seinfeld reruns. ....
Monument Reports Second Quarter Fiscal 2021 (“Q2 2021”) Results 03/01/2021 | 11:03am EDT Send by mail : Message : Required fields VANCOUVER, British Columbia, March 01, 2021 (GLOBE NEWSWIRE) Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the “Company” today announced its second quarter production and financial results for the six months ended December 31, 2020. All amounts are expressed in United States dollars (“US$”) unless otherwise indicated (refer to www.sedar.com for full financial results). President and CEO Cathy Zhai commented: “During the first six months of fiscal 2021, the Company has completed the economic valuation of each of its wholly-owned projects, closed the Tuckanarra JV Transaction, and streamlined the gold portfolio by entering into the definitive agreement to sell the Mengapur base metal project subsequent to the second quarter. Upon closing the Mengapur transaction, the Company’s strategy wil ....
(1) Defined as good delivery gold bullion according to London Bullion Market Association ( LBMA ), net of gold dore in transit and refinery adjustment. (2) Monument realized 1,889US$/oz and 1,899US$/oz for the three months and six months ended December 31, 2020. (3) Total cash cost per ounce includes production costs such as mining, processing, tailing facility maintenance and camp administration, royalties and operating costs such as storage, temporary mine production closure, community development cost and property fees, net of by-product credits. Cash cost excludes amortization, depletion, accretion expenses, idle production costs, capital costs, exploration costs and corporate administration costs. Readers should refer to section 14 Non-IFRS Performance Measures . ....
Why the Odyssey (ASX:ODY) share price is up a whopping 60% today Aaron Teboneras | January 14, 2021 5:00pm | More on: The Odyssey Gold Ltd(ASX: ODY) share price is one of the few star performers on the ASX market today. This comes after the company released previously uncovered results from its high-grade Tuckanarra exploration project. During the opening minutes of trade, the gold miner’s shares rocketed to an intraday high of 8 cents. However, investors have decided to take some profit off the table, sending the Odyssey share price to 6.9 cents, up 60.4%. What’s moving the Odyssey share price higher? Today’s news revealed that Odyssey has uncovered a number of previously unannounced results from Bottle Dump (the most eastern pit at its Tuckanarra project), which signify the potential of high-grade gold mineralisation at the site. ....
Monument Announces Closing of the Joint Venture Arrangement for the Tuckanarra Project in Western Australia December 24, 2020 22:19 ET | Source: Monument Mining Monument Mining Vancouver, British Columbia, CANADA VANCOUVER, British Columbia, Dec. 24, 2020 (GLOBE NEWSWIRE) Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the “Company” is pleased to announce that the Transaction of the Joint Venture Arrangement with Odyssey Gold Ltd (ASX: ODY) has closed, ODY now owns 80% of the Tuckanarra Gold Project (“Tuckanarra”) leaving Monument with a 20% free carry interest. Tuckanarra is located in the Murchison Goldfield. The JV arrangement allows Tuckanarra exploration to be advanced right away; and provides Monument the opportunity to have future ore produced by ODY to be fed into the Burnakura gold processing plant. ....