STK 8.99% 9.7¢ strickland metals limited

Ann: Palomino Demonstrates Significant Resource Growth Potential, page-8

  1. 4,159 Posts.
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    Morning all.
    @gassed
    Same system?
    You and I are here for belief in that theory.

    When STK sold Millrose, they could have parted with the whole project for (by memory) another $30m over the $61m they paid.
    STK refused because this impact zone has never really been tested with any suggestion of deep drilling and the shallow historical was very limited.
    Previous explorers did not follow up with some good suggestions from their exploration.
    This pic that they have used several times shows the structural fault which continues from Millrose all the way up to the RTR Earaheady project.
    Great Western just to the west of it and most probably influenced by it and the Shoemaker Impact.

    https://hotcopper.com.au/data/attachments/6026/6026586-4b4b584eba0e6d53b2923547085be8dd.jpg


    Those yellow stars marking the nice shallow ac results that show that continuity also.


    On a different note- I get sick of this behaviour here.

    https://hotcopper.com.au/data/attachments/6026/6026593-0e7a4ad07d79fa640f8f4e48e1334d8b.jpg
    If you deduct the buyers within this red square, you may get a more realistic number of serious buyers.
    Rather than the BS number.
    The only reason the SP could revisit these lows would be disaster after disaster and no $ left.
    Think that is going to happen?

    Looking forward to some exploration success and that possibility is more realistic which should be sooner rather than later.


    Kind regards, Wack
 
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