STTCOMP SWJ, TA Long
Gold in South Africa.
Stonewall Resources.
Shares ~ 1.875b
MCap ~ $24.4m at 0.013/share
Cash ~ $1m (raised 18th August at 0.015)
Debt ~ $6.5m
Stonewall is currently in trading halt. It should come out of TH on Monday to announce the result of its arbitration claim.
I'm tipping based on increased volume coming in over the last two months in anticipation of the arbitration result. It was also showing signs of breaking out on volume recently as it hit 0.018 and then a TH and cap raise at 0.0150 put the brakes on the break. There is a high ceiling on this stock due to its waterfall chart after the 2014 sale fell through. A lot more shares on issue since then but only need 25% to be a winner.
First up a monthly chart.
Second Chart is a weekly.
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STTCOMP SWJ, TA Long Gold in South Africa. Stonewall Resources....
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