weekend stt lounge 13th-15th july, page-17

  1. 3,430 Posts.
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    Hi Freehold,

    Another FA for me please.
    MNC. tA would suggest to a lot that this has been a dog of a stock lately, however my research differs in view. Had a major resource upgrade this quarter, with what looks to be 1 of the biggest copper deposits in Latin America. Further news due. Was well funded however cash burn has Been large. Expected to surprise the market end of quarter, with suspected further resource upgrade along with good news on current cash position. Peaked a few months ago with trades to 20c, however sell down appears to be following a distribution of shares from a major shareholder, and lots of recipients offloading stocks not wanted to be held LT. Declines have been on low volumes.

    Cheers
 
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