STB south boulder mines ltd

As a newcomer to this stock, I am still doing my research. I am...

  1. 798 Posts.
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    As a newcomer to this stock, I am still doing my research. I am happy with my investment and looking to hold for a while.

    I would just like some thoughts on:

    (1) Why the big run-up in share price starting 7 months ago - from $2 to $6...

    (2) Why the drop back to $2?

    Am I right in saying the catalyst 7 months ago was Eritrean potash? Or was there another reason?

    And am I right in assuming the share price got a little carried away for a project that is still about 5 years off? Or are there other reasons?
 
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