ESR 10.0% 1.7¢ estrella resources limited

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  1. 114 Posts.
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    There are 4 near term reasons ESR will move

    Core results - Due any day now

    Drilling has commenced - Drill rig is currently on site waiting for final approval

    Drill results - Will start to come in 3 to 4 weeks after drilling starts

    Locating more old good looking core samples

    IMO they will not raise any cash until first drill results are in and hopefully positive.

    Management are very switched on they are also pretty confident that they have something by the look of the share price.

    The buying is relentless my gut tells me its smart well informed money. I have not seen this type of buying in a company with nothing more then a couple of pictures of cores and some rock chip sample for a long time. The buying has been strong since 5c I am not sure what they know that we don't but I am sure its something. Smart money does not buy in waves day after day setting new highs most day for fun.

    I have been riding this one since .018c and i cant find a reason to sell my gut tells me stay in my head tells me to take profits. I have sold twice and bought them all back on the way up.

    IMO core results will be out this coming week and the constant buying tells me they will be very good. Drilling will also start this coming week so i predict another solid week and if all goes well we will see 20c
 
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Last
1.7¢
Change
0.002(10.0%)
Mkt cap ! $12.72M
Open High Low Value Volume
1.6¢ 1.7¢ 1.6¢ $64.69K 4.020M

Buyers (Bids)

No. Vol. Price($)
8 866257 1.6¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 1598880 5
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Last trade - 12.51pm 18/11/2024 (20 minute delay) ?
ESR (ASX) Chart
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