Shady, this last couple days of trading has provided another lesson for us all. I should note that I sold out my last shares in STK on 7th Dec (well before this latest euphoric rise) at a small loss.
In my opinion only 1. You can't rely on the ASX to take action in a timely manner. 2. The sensationalist heading used for the release by the Company probably goes some way into portraying how the Company management think. 3. The second hole clearly shows the EM target has been confirmed, and it might therefore be a "technical success", and possibly downhole EM might give some further ideas, but I certainly don't consider it provides any confidence that the project will ever result in an economically viable development. Of course 1 drillhole doesn't define a project, but this hole targeted the central zone of the co-incident EM/geochem anomaly. 4. I doubt I'd consider buying shares in STK. Each to their own, of course. Your thoughts Shady?
STK Price at posting:
5.8¢ Sentiment: None Disclosure: Not Held
