Hi SRN holders... obviously I was asked to have a look at the TA for SRN, strong chart... will be doing some home work later when I get chance on the Fundamental side...
Just thought I would ask any one here that is clued up regarding the FA if they can offer some fast direct input. What I know with a quick 5 minute look:
Surefire Resources NL
Mineral Resources Sector - Micro Cap Stock
628.2 million shares on issue
Market Cap nearing the $19million
52week range .001-.03cents...
262.5% gains in the last 12 months
- Surefire Resources (SRN) currently starts today drilling at the Yidby Project after receiving a recently approved Program of Work (PoW)
- The PoW was granted by the Department of Mines, Industry, Resources and Safety (DMIRS) and it covers exploration license's E59/2390 and E59/2426
- It allows Surefire to undertake exploration drilling to confirm and test the extent of the historic high-grade intercepts at the Yidby Road, Cashen's Find, and Delaney Well prospects
- Up to 2000 metres of reverse circulation drilling will be undertaken to test beneath historic gold intercepts with work set to begin in roughly a week
Recent CR raised :
Surefire Resources NL (SRN or Company) is pleased to announce that it has completed a placement of $1,280,000 before costs with the proceeds allowing the Company to expand exploration and drilling activities on the recently acquired gold projects in West Australia. The Company has today issued 80,000,000 fully paid ordinary shares (Shares) at $0.016 each, together with 40,000,000 free attaching options (Options) on a one for two entitlement basis (issued on the same terms and conditions as those currently quoted on ASX, that is, exercisable at $0.006 each and exercisable on or before 30 June 2022) to professional and sophisticated investors. Both the Shares and the Options will be listed on ASX and will rank equally with the existing quoted securities.Anything missing in this quick check up? cheers in advance..
