Short Term Trading Week Starting: 10 July, page-24

  1. 9,045 Posts.
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    Thanks.

    I noticed a double bottom and the overhead resistance.

    This is drilling season for them, but they have had a few free kicks lately with a big number of diamond drilling cores that weren't assayed by the previous company. I think the previous company was pretty focused on the zinc side of it whereas Sunshine is looking for all the unrecognized Gold and copper.

    A lot of IP done by previous company and as i said above SHN are really excited about one prospect called Coronation which is a Degrussa lookalike according to their analysis.

    The drill bit will do the talking of course.

    From what i understand infrastructure is pretty good being near rail and road routes and being close to Townsville and even closer to Charter Towers.


 
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