STN 6.25% 22.5¢ saturn metals limited

Ann: Investor Presentation - Precious Summit Metals Beaver Creek, page-29

  1. 277 Posts.
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    Yes, uncertain times and certainly no logic re GP insofar as it relates to the current market etc. Still buoyed by the metrics that STN offers (that have been raised and discussed here).

    Not one to sprout anyone in particular but good and very recent interview with Rick Rule (Sprott) re his take on Gold and Silver. Won't post link but can be googled "Rick Rule - Massive Gold, Silver, and Previous Metals Bull Market Incoming".

    Yes he is a gold bull and yes this is essentially a marketing exercise for gold bullion but given his knowledge of WA and mining in Australia and Sprott's stated analysis and investment in STN I still feel all of the fundamentals are there. Of course circumstances may change and I may live to regret this.

    Re rising costs, especially labour, if the Iron Ore Market eases further I imagine there will be plenty of qualified people and contractors seeking engagement elsewhere. I don't wish for that but everything runs in cycles.
    Last edited by 4leedy: grammar 29/09/21
 
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