Hi GB, I have been keeping an eye on STK.
Their sale to NST was def a very savvy move considering the timeframe they proved it up.
What they do next is a very interesting topic. They clearly back themselves to find more, but....usually it takes a bloody lot of money and time to make proper discoveries... So I guess the real question your asking me is... do I think they can repeat it.
um.... not sure, but odds are against it (though.. the old adage of 'finding gold, where there is already gold', is... accurate. Probably get a huge amount of negative comments, but... just being realistic. I will likely be proven wrong and have that sentence reposted
I just wonder... the gold sector is hated, especially exploration companies... I wonder if STK would be even bolder than many producers, but taking a stake (or a full buyin/buyout) in another explorer with... arguably even better dirt, or deposits that are far more progressed? Unless they plan to give out dividends, I struggle to think sitting with $60m a year is the way to go. Potentially to replicate their sale to NST, or become a producer.
What are your thoughts on STK? Strategies, chances of sucess?
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Hi GB, I have been keeping an eye on STK.Their sale to NST was...
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