STTCOMP HDY, TA Long
SP = $0.014
MC = $12.7m
Cash = ~$3.5m
EV = ~$9m
Pilbara gold stock, also looking for further acquisitions. Stock price tanked when the Pilbara hype dropped off around the same time a tonne of acquisition shares came online. It tagged the placement price to the pip and has now formed a nice rounded bottom. Yesterday saw a solid spike in volume so I figured I'd wait a day or two for a pullback before tipping. I don't hold any heads, just a bunch of options (HDYOC) since they're long dated (mid-2020) and far off their highs. They'll be aggressively exploring throughout the year, hard to say if it'll have a run within the 4 week tipping timeframe but I'm reasonably confident it'll get a bit of a pump at some point.
