STTCOMP TIN FA Long Gold/Uranium/Lead-Zinc MC 18M SOI 94M CASH 3M
Highlight: - Low market cap, low SOI - Director and top 5 own 25% of the company - Multiple projects in highly prospective region. All are Tier 1 mining jurisdiction: 1. Lead-Zinc in Earaheedy Basin 2. 2 Gold projects in WA 3. Uranium - Vanadium in East Canyon, USA - 112koz Gold in Eureka alone. In ground value of $150/oz = $16.8M - Most undervalued Uranium stock - All Gold and Uranium projects are adjacent to operating mills. - Most importantly, on the blink of a major discovery! First hole into a massive intrusive system in Warriedar looks really promising! 2km strike length! Trading halt prior to announcement then Director & Co immediately bought ~$200k worth of shares on market at above18c when it resumed trading!!
13M units which is ~15% SOI changed hands during the last 2 days. Has been down 50% from last year ATH due to the drop in POG, nil fundamental issues. So most likely capital loss selling atm. When the supply is over, it would run hard IMO.
