STTCOMP 4CE TA Long SP: $0.066 MC: $28M SOI: 418M CoH: $3.42M...

STTCOMP 4CE TA Long

SP: $0.066
MC: $28M
SOI: 418M
CoH: $3.42M (as at 28/2)

Analysis: 4CE is a lithium (and gold) play based in the intermittently volatile DRC. They have ambitious plans and a potentially large resource to discover and mine. They’re in the same neighborhood as AVZ and benefit, to some degree, from nearology (be it positively or negatively).

Their SP has been hammered as of late, down ~40% since March. The sell off has been driven by DRC fears, and some delays in exploration; nothing catastrophic as far as I can tell.

I’m going to call a bounce on this one. It might be solid exploration results, or a new JV or OT partner.. whichever happens first, I think this will turn around pretty quickly.

I should have tipped this last Friday, so I could have finished by saying May the 4CE be with you... Sigh.

PS Yes, this is FA-leaning, but I’m going to call a bounce primarily due to it being oversold.