SRK 0.00% 3.3¢ strike resources limited

to receive us $62 & market cap $16m wow, page-57

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  1. 4,966 Posts.
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    Kruiser,

    I've been around this stock for 5 or 6 years, check back through the threads, and posted on the threads before the deal, was holding stock in 2 accounts (not in trading account)

    This was a short term trade for me based on risk/reward

    Risk/reward still good but i'm happy to watch

    If they end up with the assets there's a chance they can JV or sell outright

    Alternatively, they could end up being one of a long list of companies with an asset valued at zero by the market (as was the case recently)

    How much would a potential buyer be put off by landholder problems (no progress in years)

    good luck
 
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