STN - Saturn Metals

[mullokintyre]

Got as high as 32, then fallen back to 29.
Got some bids in around the 26 mark, not sure if they get filled or not.
With the gold frenzy, little minnows like these can get caught up, which is what I am hoping for.
Mick

 

[finicky]

BtL finance was a mini disaster for me. I only acted on two of his advices: Saturn Minerals, against my better judgement due to the low grade - got worn down on that one as I never had conviction and needed a CGT loss. The other, SSR Mining, where he didn't update his subscribers on his sell action upon the disaster news but responded to a question on another forum a day or so later. He understates risk. Turned out to be a super expensive buy-me-a-coffee Patreon subscription, lol.

Not Held

 

[mullokintyre]

BtL finance was a mini disaster for me. I only acted on two of his advices: Saturn Minerals, against my better judgement due to the low grade - got worn down on that one as I never had conviction and needed a CGT loss. The other, SSR Mining, where he didn't update his subscribers on his sell action upon the disaster news but responded to a question on another forum a day or so later. He understates risk. Turned out to be a super expensive buy-me-a-coffee Patreon subscription, lol.

Not Held

I understand your pain, I also went into SSR and B2 gold which cost me a bit, but for me BTL has provided me with far more good pointers than bad ones.
its the luck of the draw.
Mick

 

[mullokintyre]

Some drilling results out today hihlight that the Apollo Hill MRE due out late this year should increase a good bit from the current 1.8mill resource.
Unlikely to get any of those 26 bids filled in the short term.
Mick

Unlikely

 

[mullokintyre]

Some drilling results out today hihlight that the Apollo Hill MRE due out late this year should increase a good bit from the current 1.8mill resource.
Unlikely to get any of those 26 bids filled in the short term.
Mick
View attachment 186701
Unlikely

Well, it seems that the market did not like the announcement.
Fallen back to 26 and I had some of my order hit.
Market can be hard to please.
Mick

 

[houtman]

Some drilling results out today hihlight that the Apollo Hill MRE due out late this year should increase a good bit from the current 1.8mill resource.
Unlikely to get any of those 26 bids filled in the short term.
Mick
View attachment 186701
Unlikely

Solid results for this project, will likely add to the MRE.

Intersections won't see the light of day for 5 yrs+ after commencement according to their current plan, which may be the reason for slight sell off, along with the gold price having a day off.

 

[mullokintyre]

Saturn Quarterly out, main thing I was looking for was the cash.
Has around 4 quarters of cash left.
Given the level of its SP, one might expect a cap raising within 6 months.
Mick

 

[mullokintyre]

More drilling results out.
All the new stuff above the average grade, which is good.
The significant part is that the fact that these results an earlier ones will be included in an updated MRE due out before the end of the calendar year.
market seems to have liked it, up 5% on the day.
Still think there will need to a cap raise before too long,
Mick