Short Term Trading Week Starting: 10 July, page-51

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    STTCOMP MTM FA LONG

    9.3centshttps://hotcopper.com.au/data/attachments/5425/5425705-1dc69a5cc997945115c328bc24a86ba0.jpg
    https://hotcopper.com.au/data/attachments/5425/5425708-0feeb9157817c087862392d1c3623e7c.jpg


    10 MIL MC
    45 MIL SOI
    REE EXPLORER CANADA
    Initial results due soon. Drilling delayed due to bush fire season in Canada.
    History of large fast gains , but also large fast falls. Any substantial move in SP is solely reliant on positive initial drill results which are due soon but on the flip side there could be substantial move to the downside on poor results, so high risk and only mentioned due to potential positive drill results, so a complete gamble. Could be completely wrong and falls 25% on poor results so should have gone short instead. I saw yesterday how my EMC tip got smashed on poor results, so was fortunate I was out before they were released, but never a great sign when drill results are delayed as more often than not they are not favourable
 
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