Short Term Trading Easter Weekend Lounge 29 Mar - 3rd Apr, page-92

STTCOMP PNX, FA LONG​

Market capital: around 11 million dollars
Share price: 1 cent (which is a strong support level)
Cash: 1.9 million dollars (as at 31 December 2017) (may need to raise cash soon)

The main project is the Hayes Creek Project. The DFS is underway and expected to be completed this year. Production is expected in two years.

High grade resource which is likely to be upgraded soon for the DFS

Around 50% of the revenue is to come from gold and silver, and the other half mainly from zinc with small amounts of copper and lead (good hedging in case gold/silver price continues to go up and other metal prices to go down)


2018 hasn't been good for me so far I am staying away from pumped up stocks.