STTCOMP MAG FA LONGGOLD/CuMC 50MSP 29cSOI 172MCash 4.5MShares...

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    STTCOMP MAG FA LONG

    GOLD/Cu
    MC 50M
    SP 29c
    SOI 172M
    Cash 4.5M


    Shares are tightly held, only 15% is available on market.
    Management: same team who discovered ALK Boda. Director showed skin the the game by owning lots of shares and bought on market.
    Multiple company-making projects the most significant are:

    1. Wellington North Project/Lady Ilse: potential to be another Cadia East. Currently drilling 14RC holes. Results will be late July.
    2. Myall Project/Kingswood Prospect: share similarities with Northparkes
    3. Parkes Project: looks like another Boda, right next to ALK Boda. Drilling will start late July.
    4. Another 60 drill-ready porphyry Gold/Copper prospects.

    So lots of upside from here. I will hold for long term to watch how it all unfolds.
 
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