The capital raise was done at 21.5 cents, so there will be a few who take 23% to 30% profits, quite understandably, especially those who took a chunk at the low capital raise price and want to sell a few so they are free-carried here now.
Well said PoohBear44, it now comes down to the ore type being correctly identified, after which some very thorough testing will be done. Heap leaching overseas though, is a very well known process, and there are lots of professional geologists from overseas who are experts in the process, maybe STN can snag one for here.
With an elevated gold price, which is almost at all time highs, the old maxim that "grade is king" may no longer apply, at least for now.
Gw
STN Price at posting:
28.0¢ Sentiment: None Disclosure: Held
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