STA 0.00% 9.5¢ strandline resources limited

Mining Licence Very Soon, page-14

  1. 2,920 Posts.
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    STA is not followed to the same extent as WKT, you can just tell from the number of HC postings.

    From my perspective the mining licence may give a spike in price and allow some traders to take a small profit. There were people getting in around 12 cents who might now wish to bail.

    For myself I would take a longer term view and rather than hopping in and out I just hold until the true valuation is achieved and this may still take some time yet. At least STA can now get on with the next stages of development and the share price will rise to reflect the growing value.

    The ongoing drilling programs in Tanzania, the tie in with RIO and the outcome of the Coburn work, are all news events ahead of us that potentially will add to the market interest.
 
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