STM 0.00% 0.5¢ sunstone metals ltd

1,000,000+, page-2

  1. 191 Posts.
    still baffled that anyone would sell here. I understand that people sell for many different reasons but in this company, in its current situation you would be crazy to sell.

    What i mean is that they only need 15mil tonne from the D Zone to produce the 3mtpa development case. Now the target here is 30-50mil tonne. Hartleys consider it a low risk target and with a 2.50per lb evaluation had them at a 56c target. If they find it BFS at end of year and then its a hop skip and a jump to production.

    I'm here for a lot bigger target than that but lets say that if they were to develop the mine with half cash and equity you would say that so long as the copper price holds up, which i think it will, this thing could be $'s within 1-2 years. Let alone long term exploration upside as indicated by their recent mapping.

    However even if you have a shorter time frame IF the target on current drill is reached that will be a major re-rating of a stock that already has 66mil tonne and a market cap of 50mil. So unless the D zone is a dud zone, all good.

 
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Mkt cap ! $21.62M
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0.6¢ 0.6¢ 0.5¢ $5.228K 972.1K

Buyers (Bids)

No. Vol. Price($)
29 24674525 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 12062812 22
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