STTCOMP DTR, FA LONG
MCap $13m
Shares ~4.3b at .003
Cash $14m
Gold Links Project in Colorado, USA 100% DTR. History of high grade production (150K ozs). Big drilling program over next year. Low capex to production - underground access already developed and an operational modernprocessing plant is in place.
Excellent Board Members: Mark Johnson, a founder of Macquarie Bank and its deputy chairman up until his retirement in mid-2007 as non-exec chairman; CEO Glenn Dovaston, ex MOY CEO, who developed that company into a well-regarded WA miner. Dovaston said of the exploration “We’re targeting 13-17g/t gold, which was half of what the cut-off grade was when it was mined."
At cash asset backing, interesting prospect about to undergo intensive exploration. Very speculative.
pmd3nka (holds small parcel)
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