The last three posts portray a very logical explanation of what could/should /would unfold for STK in the Horse Well region , as regards NST and their operations at Jundee being the most ( or in fact the only ) logical buyer ! Markets ....have a habit tho ..of not being logical . Some smart cashed up enterprises / fund managers will be watching these new drilling results with interest , particularly in this inloved gold market . As an arbitrage play ...taking a 10% -15% position in STK ( effectively buying 10% -15% in present cash and 1.5 Mill NST shares ) ...might be viewed as a sound play ...and effectively making NST deal with them , should they want to take this further . NST will be aware of this possibility ...as they did with Echo Resources some 4 or 5 years ago ......by taking their own blocking stake , earlier than expected , and thus ensuring they snuffed out any alternative buyer . Probabilities versus possibilities ....the drill bit and assays near term , will be watched with interest ! AIMHO
STK Price at posting:
7.4¢ Sentiment: Buy Disclosure: Held
