I have to laugh at STM.
This stock went from 1.5c to 1.8c to 1.9c when they announced they had started drilling a porphyry target.
Today they announced they hit the copper porphyry in first hole (which is not finished). All they stated was the hit the system and identified chalcopyrite. No mention how long the chalcopyrite was (could be 1m or 200m) or how much.
SP went up to 3c today (from 2.2c).
Compared to MEI, STM management are really doing a good job of hyping the STM SP.
I realise MEI did not show grades but supplied heaps more info than STM and yet look at the contrasting share prices - chalk and cheese.
4 cents here we come, page-43
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10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $208.9M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $402.7K | 3.866M |
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| No. | Vol. | Price($) |
|---|---|---|
| 71 | 4432527 | 10.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 1318811 | 7 |
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