Guys, always do your DD in depth.
STM's new porphyry strike is near Casabel, which was itself discovered by the same team under Malcolm Norris which now runs STM. It is MN's third porphyry discovery.
That is one reason why it is going through the roof, OK?
As for LCL, it's SP ten bagged on discoveries over the last 18 months, and hit that high 4 times falling back into consolidation each time.
So nothing to complain about there, so long as you were lucky and saw the big movements - even for those who bought high, it is just a matter of time till the next breakout occurs.
Main SP drivers will be
1. Resource update for Tesorito - ticking the 900 gram meters from surface gold deposit. 4 rigs there now and still defining the envelope - then infill drilling for resource.
2. Scoping Study for initial mining - which I pick will be excellent.
3. Final BFS and CAPEX raise.
So the two programs are at different stages of their development. Both Top Drawer stuff.
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Guys, always do your DD in depth.STM's new porphyry strike is...
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