Ann: Brama-Alba - best porphyry intersection to date, page-32

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Gainzmaster5000

2,197 Posts.

637

30/08/22

15:19

Post #: 63411031
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Originally posted by enkayess: ↑

IMO the wider market doesn't understand what STM are sitting on and only really reacts in a meaningful way to high grade hits (as in 'traditional', non porphyry high grades). Look what happened to STM when we had the high grade sections come through in the past (ie. much larger increases in the SP than on good porphyry numbers).

The mineral resource and exploration targets should get people's attention as they can do the numbers on the approx tonnages.

There is a reason (or a few reasons) that STM is one of the few juniors with such a large institutional and high net worth family office contingent on the register (circa 30%). I have been here since around 1c and will be here for a lot longer yet. Looking forward to that initial resource, potential satellites and everything else to come in the next 12 months or so.

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i don't think they don't understand they just aren't interested. copper porphyry's require a lot of drilling, holes and depth. results take a long time and they are complex to understand scale. i think the market just doesn't/won't care until a number is put next to the project.

people want instant gratification re results and not slowly chipping away to unlock the puzzle. think EM conductors and extrapolation of drilling to a shape with dimensions and grade vs this.

it's one for the bottom drawer. brilliant stock, a long time until value is realised.

STM Price at posting: 4.4¢ Sentiment: Hold Disclosure: Held
7 Upvote

0 Great analysis

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