SVY 4.17% 2.3¢ stavely minerals limited

Ann: Clarification of Sulphide Abundances in Drill Hole SMD051, page-68

  1. 1,160 Posts.
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    It's not a let down, nor a downramp.

    In my experience, when news is imminent, the market usually prices stocks on the basis of 1 of 2 scenarios, either worst case or best case. My view is that the latter applies here.

    While I don't think there's any 'bad' news coming anytime soon, I do think that expectation may be a tad over optimistic for this particular hole.

    In saying that, I've retained 50% of my holding because that's the level of confidence I have in that assumption being correct lol.
 
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