G’Day Freehold and all,
I have just stumbled the STT comp and love the concept so I can’t help but have an entry. Now just to keep things in the open, this is a stock I’ve held for some time but the next 4 weeks should see some good gains.
Long Entry for FA STT: SRZ – Stellar Resources
Last trade 0.074 cents - Market cap of 13m with 4m cash in the bank at the end of the Sept qtr.
Flagship project Heemskirk Tin deposit Tasmania, with a confirmed JORC deposit of 4.4 mt grading 1.1% (49,000 tonnes of contained tin). With additional drilling taking place right now to increase the resource and grade even further. Heemskirk is also placed with nearby access to road and rail, and has great nearology to the largest tin mine in Australia.
Most recent drilling results (not included in the above JORC):
ZS113W – 31 metres at 1.05% tin, including 7 metres at 1.78% tin.
ZS115 – 16 metres at 0.62% tin, including 4 metres at 0.95% tin.
ZQ119 – 3 metres at 0.56% tin, 150 metres below deepest Queen Hill hole
News expected any day:
Drilling & infill results for the Severn deposit (these were due mid and end of November therefore should be available any day.
PFS plant design and engineering to be completed by the end of December (should be available just in time for me to scrap SRZ into a 4 week play) but based off the drill results SRZ should make a +25% play without the need for this last bit of news.
Cheers all
- Forums
- ASX - Short Term Trading
- weekend stt lounge: 23-25 nov
weekend stt lounge: 23-25 nov, page-19
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity