STK 0.00% 10.0¢ strickland metals limited

Ann: New Primary Mineralised Structure Identified - Dusk til Dawn, page-37

  1. SSA
    706 Posts.
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    pace yourselves. the market and the mania surrounding it as a result of favourable liquidity conditions have created a condition called short-termism or "immediate gratification". take a 2026+ view on this, even 2030+. if the fundamentals continue to stack up and suppose we move closer to a 3m ounce resource (the Marwari system, in comparison to what some other producers showed in their exploration phase, looks very promising) - potential to make significant returns on capital (significant). timeframe - 2026+

    in the mean time as mentioned in prior post, expect the market to sell this as gold miners continue to underperform. GDX technically suggesting to me another 20-25% downside. speculative exploration phase companies could be punished even more so. that's my short term view. my long term view, should the fundamentals stack up - investors will be rewarded.

    adjust your expectations on timeframe for outsized return on capital.
    Last edited by SSA: 27/02/24
 
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