STK 12.3% 8.2¢ strickland metals limited

Ann: RC Drilling Commences at Ophara Cobalt Project, page-296

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  1. 4,059 Posts.
    lightbulb Created with Sketch. 143
    Before you get too optimistic go back and have a look at what happened in July/Aug 2016. Very similar pattern, results came out and disappointed, big dump/duster, overnight.
    Don't forget it's still a penny dread, and if we are all lucky enough for it to become a multibagger, it will immediately have a CR. Has to, needs the money to keep drilling at Horse Well, and don't forget that Allan Kelly recently came on board and that's where his focus will be.
    Not trying to be a wet blanket as I still have some skin in this little game, but had my fingers burned once before with this one and am now extremely cautious about similar patterns.
    Plus, a fair bit of this turnover will be others like me recouping some of their 2016 losses. That will continue right through to $0.016.
    Last edited by SIJoe: 17/02/17
 
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