OTCPK:STNUF - Post by User
Post by
mrcashflowon Apr 05, 2018 10:35pm
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Post# 27840488
Better Late Than Never
Better Late Than Never Grabbed an adequate position with this one today, as well as a few other plays, We have some solid support in the mid 40's with a push upward in the cards. Good steady volume suggests there are more than a few nibbling away at this play. I personally have pulled most of my cash from the MJ sector and have moved on for now based on valuations..I have now focused on Vanadium plays after a recent trip to California. Was tipped off on this play having a few pints on a golf course in Palm Springs.
Have read over the news releases by Stina and like the direction management is headed. With an in place budget of 1.5 million and drilling of the Bisoni McKay Vanadium property there could be some interesting news coming in the next few months.The companys spring drilling program is underway. Anyone who has looked at the price of Vanadium pricing understands the reason this company could be a major factor. The chart looks nothing short of explosive, on this industrial metal. Strong demand from China should keep interest strong.
Stinas subsiduary, Enerox is the real eye opener, once they close the deal to aquire Gildemeister we will be a global player in the vanadium flow battery market. Perhaps a spinnoff could be in the cards as Enerox looks like a global player on its own. Im a big believer in clean green energy and Gildemeister is a leader in this space. I truly beleive we are just entering a strong push for storage and there are very few players in this space. You have to like what you see once you glance over Stina's recent news releases..April 11th will be a company changer. This one has to make the move to the TSX at some point..
Happy to be on board,
MRCF