STTCOMP VAR FA LONG Company - Variscan Mines Cash - $1.36 million @ 31 March 2021 Market cap - $12.141 million Shares on Issue - 212 million Top 20 shareholders - 66.2% Sector - Zinc Catalyst: Drilling at (previously producing) San Jose-Novales Mine in Spain
Drilling results on 25th May resulted in a large price spike. This report also states - results for 20 more holes are expected shortly, the 'majority of holes exhibit positive visual zinc mineralisation'.
Most stale holders have now been flushed out. Price is now falling slowly on reduced volume, I expect next news release to cause another large price move.
