Short Term Trading Week Starting: 22 Jan, page-337

  1. 315 Posts.
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    STTCOMP, VEC FA Long

    SOI - 1.2 b
    S/P  - 3.2c
    CASH - $3m + $10m loan facility
    M/C - 38m

    Don't mean to steal the thunder from @forrestfield tip as he has such a brillant track record but I must be on this for so many reasons - here is his prior tip which covers alot of detail
    https://hotcopper.com.au/threads/sh...e-19-21-jan.3969898/page-114?post_id=30448303

    To give my shortest and sweetest analysis -
    - They have purchased mining equipment to the value of $70m (which is much more than m/c)
    - They have inherited historical drilling with records for 173,000m (which is much more value than m/c)
    - They have several projects which will prove up to JORC of 6m+ oz of Gold in a very short time frame
    - Gold grades not seen of this scale by peers
    - Proven 421k oz of Gold which is just scratching the portfolio
    - The tenement locations are all within established infrastructure areas - huge capital savings
    - Peer comparison value just for 1m oz deposit is worth much more than m/c
    - World uncertainty will only help increase value here
    - Crypto big gains / losses will be coming into gold soon enough for safe haven status
    - CASH IS KING but won't make you money while Gold bullion / companies prices can grow substantially
    - For every dollar Gold goes up we times it by 6 million (IGV), imagine when it grows $10-$50 overnight
    - Whether it be a small market correction or a whopper of a crash people will be coming here to get in
    - All the signs are there for this to be $500 m - $1 billion m/c (10-20 bags) from here
    - T/A is lining up for breaking into new highs / think it will surprise people on its upside
    - F/A perspective have not come across this much potential for a re rate in years

    Simply and OUTSTANDING OPPORTUNITY right here, please DYOR and happy to be here
 
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