NST 1.82% $17.29 northern star resources ltd

Ann: Becoming a substantial holder for EAR, page-4

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  1. 2,419 Posts.
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    Just as a follow on from my earlier post I find this very interesting because I've been waiting for some corporate action by NST. It is only a matter of time otherwise they will get a reputation in the market of having a 'lazy' balance sheet.

    I've been watching action closely in the Tanami, the Jundee Yandal Gold Belt, the lower Pilbara, and of course the Kalgoorlie region especially along the main shear zones heading off in a northerly direction (IRC and TNR in the main). Plus I have a sneaky suspicion that NST has eyes on that Lake Roe area where BRB might have discovered a monster deposit and greenfields to boot (at the minimum NST has a substantial holding in ALY who own neighbouring tenements as I understand, so some relationship to that region already exists).

    Taking over EAR makes good sense aligning with the 'Gold Hub' strategy that NST advertises that their future growth is going to mounted upon. Damn it not pushing that buy button when EAR was dirt cheap in the teens SP. Oh well such is trading and investing.

    Cheers
 
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$17.29
Change
-0.320(1.82%)
Mkt cap ! $18.16B
Open High Low Value Volume
$17.43 $17.60 $17.25 $21.84M 1.256M

Buyers (Bids)

No. Vol. Price($)
34 4734 $17.28
 

Sellers (Offers)

Price($) Vol. No.
$17.29 668 4
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