STM 14.3% 0.6¢ sunstone metals ltd

Ann: Limon Exploration Target - Additional JORC Information, page-8

  1. 3,782 Posts.
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    Agree doing a deal with a large player (MN mentioned for EP) can break the rinse and repeat shackle the market is focused on ATM. I also believe the market is also focused on Consolidation near term. A venture style large player/neighbour will inject confidence. Yes the BOD do have the expertise on board to facilitate this.

    Management can't go down the same lines of small dilutive CR basically to tickle rocks and keeping the Co afloat. COH indicate maybe a small drilling program then back to dilution edging closer to consolidation.

    It's the drill bit that talks the talk. Unfortunately 4 months since drilling stopped. They need a good solid drilling program and success rate and put Cr's to bed for a while. Hopefully drilling program announcement imminently once they analyse surface data and MN hint at a partner for EP eventuates during 2024.
 
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