XAO 0.56% 8,681.3 all ordinaries

Short Term Trading Week Starting: 18 Feb, page-106

  1. 2,393 Posts.
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    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) 
    Last edited by pmd3nka: 22/02/19
 
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