STM 11.1% 0.8¢ sunstone metals ltd

Ann: More Limon high grade gold and silver in drilling, page-40

  1. 3,723 Posts.
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    Off course DDD, in this climate buyer will be hard to find....but.....advance Brama to feasibility. Even PFS. This will bring the resources to a more definitive value away from inferred. Adds value to the resources and removes more risk. What helps and a huge positive is and buoyant POG. Also Ag has been bouyant as well.

    JORC 4mloz and a positive PFS. Limon/Brama combined. Then any expression of interest moving forward. Better in my book this way than to throw many more millions for zero value and growth to the Coy MC. Unless.....these last assays find a cracker new targeted zone.

    At this stage STM have got buckley's in achieving 10mloz sustainability. Sustainability is value for $$$ spent on drilling/exploration return.

    Not down ramping at all, just looking at positive outcome from here. 4mloz is nothing to sneeze at. Would be better to have the larger MRE at surface. See what happens once a revised MRE is on the table and if they can show at least 40% at surface....so at least 1.5mloz or above at Limon. This would help to attract any one looking to Annex Brama with early good strip ratio
    GL DDD
 
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