STK 4.55% 11.5¢ strickland metals limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-13

  1. SSA
    708 Posts.
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    I think it has been basing for a big move (flick to monthly or qtly log chart).

    I don't mind the pivot to Serbia. $35-40m - peanuts. yandal campaign - I like the results a lot. reminds me of Gruyère (GOR) back in 2013-14. ended up JV with goldfields. in this case NST next door - might have NST and STK JV (or trade sale). many options - if gold price continues to lift, it gives them good optionality here and abroad. look at BHP and Anglo.

    here for the long run. 3 years, maybe more. unless something changes the investment thesis, fundamentally, I'm riding it. I will look to buy more around 10c and 9-10 should we get those levels.

    to each their own. my personal view - patience on good prospects like this, pay. you just need to know what "good" looks like - some reference points from other early stage exploration programs can be useful. no guarantees - that's investing - that's risk taking. the risk reward here looks great. a risk I'm willing to take.
 
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Last
11.5¢
Change
0.005(4.55%)
Mkt cap ! $253.7M
Open High Low Value Volume
10.5¢ 11.5¢ 10.5¢ $118.8K 1.097M

Buyers (Bids)

No. Vol. Price($)
2 150000 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 1285361 5
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