STK 1.01% 10.0¢ strickland metals limited

Ann: Exploration Update, page-67

  1. 21,487 Posts.
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    That's what it's ALL about escalol12. The early bird catches the worm. Do you reckon that Northern Star paid top dollar when they signed that $61 million deal?? Really!!!
    STK were around 45 cents. And the price DROPPED!!!! People SOLD!!! And the SP stayed in the .30s and .40s for another THREE MONTHS. Then went from the .5s, .6s and .7 and .8s until 12 October, FOUR MONTHS after that deal!!!
    The Options were @ .012 and hardly anybody was buying them.
    SO, who have those who have not "made a killing" got to blame? They've certainly had their chances.
    Now, personally, I, like some, BOUGHT in BECAUSE of the Millrose sale. Nothing about what they are doing now.
    I thought that was an outstanding management, BUSINESS, decision (seeing what KAI was doing helped!!!!!) and now I'm TRUSTING that that same management is making the right decisions with their exploration programme.
    To me, it's just another exploration drilling programme that I've seen a hundred times, and I'm waiting to see WHAT the assays are before I get too carried away.
    I'm again hoping that that management's exploration judgement will again be proven to be as competent as their BUSINESS decision.
    TWO VERY different decisions.
    Now people are effectively jumping on board because of ONE hole result?? AND, some very big money thinks that it's still early. The jury is still out, but, I'm still in. DYOR.
 
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