STK 3.85% 13.5¢ strickland metals limited

objective take.the real game, what everyone is waiting for is...

  1. SSA
    697 Posts.
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    objective take.

    the real game, what everyone is waiting for is post wet season drill program and results from marwari.

    the market will use this slow period to sell, and it will be compounded by a sell off in gold and markets, generally.

    it could get ugly (even though the prospects are not ugly). markets have a way of not making sense, before they do.

    I like the prospects a lot... for a speculative exploration company, the multiple prospects provide good risk reward. particularly based on the early results out of marwari. need this to amount to something - the market will sell uncertainty.

    I suspect the risk reward wjll improve - but I will refrain from mentioning downside price targets - these things tend to draw an emotional response.

    I like it a lot - but won't build a position yet - personally, I'll wait to add until May-July.
 
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