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STTrading weekend thread 31st August and 1st September 2024, page-47

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telamelo

11,244 Posts.

303

01/09/24

11:52

Post #: 75474663
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Originally posted by samcharlotte77: ↑

STTCOMP WSR FA LONG

MC. $3 MIL
SP. .008
CASH. $3 MIL
SOI. 200 MIL

GOLD EXPLORATION WA

Started Field sampling last week in proven lease as well as exploration amongst other leases they hold. Heard a rumour a month ago and have been accumulating quite a reasonable amount at current levels. Has a few things which I find it worth a punt, The $3 mil MC is cash backed and trading at .008, has high grade previous drilling results with high levels of gold and silver and are currently in the field sampling. I like the way the company frugal with there cash and having Jason Boladeras running the show was a clear reason for me to take a decent size punt. He turned a spec into a $14 billion company and is

not there to waste his time and to line his pockets and run it as a lifestyle company like 90% of spec stocks. Might be worth a punt as there limited downside currently trading at 12 month low of .008 and cash backed $3 mil MC. Don't think it would take a lot to see it jump quite substantially once results are released as it's coming off a very low base. I feel it's worth a look as Gold at record highs and it's being run by a very smart man with a proven track record.

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WSR at a quick glance..
3 Upvote

0 Great analysis

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