STTrading weekend thread 31st August and 1st September 2024, page-43

  1. 4,658 Posts.
    lightbulb Created with Sketch. 734
    STTCOMP WSR FA LONG

    MC. $3 MIL
    SP. .008
    CASH. $3 MIL
    SOI. 200 MIL

    GOLD EXPLORATION WA

    Started Field sampling last week in proven lease as well as exploration amongst other leases they hold. Heard a rumour a month ago and have been accumulating quite a reasonable amount at current levels. Has a few things which I find it worth a punt, The $3 mil MC is cash backed and trading at .008, has high grade previous drilling results with high levels of gold and silver and are currently in the field sampling. I like the way the company frugal with there cash and having Jason Boladeras running the show was a clear reason for me to take a decent size punt. He turned a spec into a $14 billion company and ishttps://hotcopper.com.au/data/attachments/6423/6423940-816cececaad0063eee11bee3436a2840.jpg
    https://hotcopper.com.au/data/attachments/6423/6423943-1ff75a5e35f169fab87cbf6d30f7f3b7.jpg
    https://hotcopper.com.au/data/attachments/6423/6423946-57de6fdaebd9fe42c78b2d66a49b04dc.jpg
    https://hotcopper.com.au/data/attachments/6423/6423949-08a26d631b3ac3ae5df432b302f4646c.jpg
    not there to waste his time and to line his pockets and run it as a lifestyle company like 90% of spec stocks. Might be worth a punt as there limited downside currently trading at 12 month low of .008 and cash backed $3 mil MC. Don't think it would take a lot to see it jump quite substantially once results are released as it's coming off a very low base. I feel it's worth a look as Gold at record highs and it's being run by a very smart man with a proven track record.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.