I nabbed a few of these....very scarce selling during this heavy drill campaign....interesting registry.
I tipped it on STT......If they hit anything there is almost a short term bag in from a technical structure point of view.....will be a serious seller shortage (if there wasn't one already)
STTCOMP NTM TA Long
Shares on issue- 255m
Cash- $1.5 million approx (plus $1m equity deal with Ausdrill)
Top 20- last annual report 40%
Huge 2-3 month 20,000 metre drilling program funded by equity swap with Ausdrill (had great success with WAF)
Stock sits within pointy end of a triangular structure and is technically prime
Some overhead resistance which will help those interested get set
This is the same shear zone as KIN mining- possibility for some enormous results
If results come trumps and the structure breaks, then a 13c price target is achievable Short term
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