SOC 0.00% 11.0¢ soco corporation ltd

Ann: Lithium Drilling Over 2km Strike Expanded - Assays Pending-SOC.AX, page-11

  1. 7,520 Posts.
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    Hi strauss

    The recent lithium ann is actually a bit interesting [although I remain unconvinced].... its the drilling of Mt Adrah which will get this stock rising [imo].... testing white deer reef is a sensible first step and 2 years ago they hit some useful grades with the pilot drill rig on the possible pipe 800m's from Hobbs. Also they have a find further to the south which might also be another pipe .... the thing with that is, towards the south the incidence of oxide hosted gold rises substantially. Hopefully they test that.

    As far as the same old same old ... I am still expecting this management to behave exactly true to form as they did with every other company they directed. Remember they voted 120M 'in the money' options to themselves... [in PLP they did a lot of selling into the rally and then reloading with cheap options]. I am in SOC because I think there is deep, deep value here ... but eyes wide open in my opinion.
 
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