Short Term Trading Week Starting: 17 Jun, page-12

  1. 7,465 Posts.
    lightbulb Created with Sketch. 2050
    STTCOMP RNX FA LONG
    Renegade Exploration (copper Qld)
    MC $20M
    SP 1.7

    Putting this tip in again (replacing the one that expired).
    CEO presented today in the Gold Coast conference. They have almost completed a 1600m hole testing a large anomaly for copper. Of course he's constrained in what he can say but gave plenty of indication he is happy. Told the audience they will be putting more holes into the prospect. Also reconfirmed the wording of the drilling update announcement from 2 weeks ago that they are "seeing what they expect ".
    The target they are drilling has a very similar magnetic and gravity reading to the Ernest Henry mine (4th largest copper/gold mine in Australia).
    Looks good to me.
    Video of the presentation (starts at the 9 min mark)

 
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