STTCOMP NAE, FA LONG
NAE in my eyes doesn't just have one project with good potential it has 3 Active Projects.
Gold Project ( Otago South ) - Soil sampling has begin lead by Dr Doug MacKenzie,
Fully Funded exploration project which is expected to take 4 months to complete.
Permit granted by NZ government covers 876km which NAE will be the first to explore the South Otago belt for Macraes style gold deposits.
Tin Project ( Redmoor/ Brownfields Site ) - Researching and Planning is underway with expecting to step forward in 2017, Most recent news being a presentation to " The House of Commons ".
Tin price is increasing and may rise to $30,000 Metric ton in 2018-2019 ( ITRI analyst )
Strong market outlook for tin, Drilling to commence during 2017. UK funds expressing interest.
Coal Project ( Lochinvar Coking Coal Project ) - NAE to re-start project due to increase in Hard Coking Coal price and demand, Spot price has risen by 300% during 2016, Excited to see what happens come 2017 in reference to this project.
All of the recent NAE news is indicating 2017 to be a very productive year ( in reference to Projects ) and that coming news flow could show the potential this company has. Heaps more information in the NAE community and in the STT community.
Short Details
Last Price- $0.023
Market Cap- 9m
52 High- 0.033
52 Low- 0.003
First time posting on STT been in the background for 3-4 months. So Hello everyone
