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STRIKE RESOURCES LIMITED (ASX:SRK) - nice depth should breakout soon i reckon, page-12 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
SRK
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0.00% 3.3¢ strike resources limited

nice depth should breakout soon i reckon, page-12

  1. K8
    296 Posts.
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    15/03/10
    17:10
    Post #: 6450775

    MM2 as soon as final approval for the coal is recieved we will see a significant re-rating.

    I'm expecting a sizable increase in resource at Cuzco in the next 2 weeks or so. They said they had all the results for the drilling in the last QRT report, so it cant be too far off. This should provide another boost.

    Finally when they get drilling again in May the project will finally begin to progress again.

    While they need to update the PFS the results of the last one clearly showed the project is immensely viable and this is a top class resource. I would like to see much more drilling to prove it up and produce an information stream to investors.

    IMO they really need to achieve at least a few of these to cause the SP to rise significantly. I hoping they do!! If they don't then look out below..........it could go back to 30c
    SRK Price at posting: 80.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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