STK 2.20% 8.9¢ strickland metals limited

Ann: Results of Annual General Meeting, page-8

  1. 2,645 Posts.
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    I've been trying to stay positive, but it's waning by the day/week here.

    Let's recap:
    - AYR management talked up the potential for cobalt, referencing our cobalt-rich neighbours HAV and COB, and the prospects of finding more cobalt in our tenement.
    - VTEM surveys were conducted and supposedly "exceeded expectations".
    - They then raised $600k at a lowly 0.4 cents for drilling of these supposedly high potential areas.
    - After a week of drilling they announce one of the worst drilling results announcements we've seen, saying that they've found nothing.
    - And now the company is languishing at 0.4 cents, with no money, and a bunch of disgruntled investors who have to sit around and hope that something happens.
 
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