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Ann: Sturec Gold Project - Strategic Process Update, page-131

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patience

18,151 Posts.

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22/05/24

19:59

Post #: 73962342
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Originally posted by MichaelSA: ↑

i suspect the sp might tank once the spp is completed.

its very slow progress considering the gold environment we are in.

perhaps the no cyanide leaching and underground factors are hurting us afterall?

this is a big moment for Gino. if he can pull off a great deal here he will no doubt become a well respected and followed company director of the future.

you would think the odds are that it should happen given the bullish gold sector. if not, then is there something wrong with this mine that we are unaware or is in the no cyanide/underground factors?

remember, MTC only paid $750k for this mine. to then sell it for a blockbuster profit of $100 million ++ will be a massive achievement and the previous vendors will be feeling like mugs.

or was there a reason it sold for only $750k?

such a hard call for speculators. i have gone from super bullish to uncertain now. hard not to ignore the chinese burns of a falling sp.

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Those extra days in extending the Spp offer have given a number of people a few extra days to get there sell trades over the line. Good luck to those that took up shares in the spp

MTC Price at posting: 23.0¢ Sentiment: None Disclosure: Held
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