Short Term Trading Week Starting: 23 Feb, page-2

  1. 5,346 Posts.
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    Entry for STT List

    GMM- Long position/ FA
    Exclusive rights to Mt CattLin Mine
    Current Market Cap- $9M

    * Expecting smart money/strong support from Michael Fotios (NST) backers

    * Great short term trade opportunity imo in the lead up to project figures/company presentation being released for mining Tantalum at Mt Cattlin

    * Targeting Tantalum which is used in iphones- Tantalum price has risen 5 times in recent years

    * Due Diligence Period is 2 Months- expecting project economics/company presentation to be released once DD is completed

    * Management play for me given NST's amazing run

    "General Mining Corporation director Michael Fotios said he is so confident in the project's success, he has given the company a personal loan"

    http://www.abc.net.au/news/2015-02-...lin-mine-near-ravensthorpe/6085772?section=wa
 
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