just thought to share my findings as I make notes for my each stock I buy..
Will be buying today. Shared it with friends going to share it here too. DYOR IMHO
SHH – Shree Minerals Ltd – Potential to be 2 cents within September
Recommendation & Analysis:
• Lodged application for an exploration license in the NSW Gold Regions
• 4th Gold acquisition of 2020 in the heart of Lachian fold belt in NSW (close proximity to historic gold fields)
• The ground is located 15km from the farmed end goldfield where in 1872 Australia’s biggest ever gold specimen - The Hotermann Nugget was discovered
• Another Acquisition by Shree (east Hill end) tenements is held by KTA (SP 7 cents) and ALK ($1 plus SP)
• Shree used to be in iron ore previously and has moved to Gold projects since Marcg 2019
• Capital raising was done a month ago of $1.2 million placement to professional and sophisticated investorsat .006 cents . The company will use the money to progress exploration across its portfolio
• Bruce Gold Projects is already granted tenements, planning to do some work on that project shortly, 53 g/t high gold rock chip samples historically
• Iron Ore projects at Nelson bay river – impurities are very low
• In Summary following projects are secured by SHH
- Bruce Gold – Immediate start shortly
- Box Hole – application pending
- Edwards Creek – Under application – very little exploration done in 1980
- Nelson Bay River – Iron ore project – EBA Draft submitted, 6 months’ time fully operational mine
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- iron ore and gold specky here
iron ore and gold specky here, page-219
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