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STLLR Gold Inc T.STLR

Alternate Symbol(s):  STLRF

STLLR Gold Inc., formerly Moneta Gold Inc., is a Canadian gold development company. The Company advances in two gold projects, namely Tower Gold Project in the Timmins Mining Camp in Ontario and the Colomac Gold Project located north of Yellowknife, Northwest Territories. Its Tower Gold Project is located approximately 100 kilometers (km) east of Timmins and hosts a total indicated resource of approximately 4.46 million ounces (Moz) contained gold and a total inferred resource of 8.29 Moz contained gold. The Tower Gold Project hosts nine gold deposits along a nine km long mineralized corridor. The Colomac Gold Project is an open-pit gold project in the Northwest Territories, Canada, 200 km north of the capital city and mining hub Yellowknife. The Colomac Gold Project represents a series of high-grade open pit gold deposits, and gold mineralization remains open on all directions.


TSX:STLR - Post by User

Post by tony1969on Jun 08, 2024 9:53am
74 Views
Post# 36079118

Chat from CEO.CA today...

Chat from CEO.CA today...
BOSS picks up another 20,000 shares between yesterday and today. That makes 235,500 shares purchased by him for $321,064 Canadian post merger. Are you guys joining him? I am trying my best to do my part. What can you say but BRAVO BOSS!!!
 
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@milocat to be perfectly honest I am looking forward to the day when the insider buying mysteriously and suddenly stops again-that will be the clearest signal that we could ask for, and its not too far in the future if my assessment is correct.
 
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@roberto229 Hello to Mr. @milocat -- Just wondering why you regard a discontinuation of buying by management (and/or the Board) as beneficial to public shareholders. Thank you.
 
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@Skittlyrit Because they will be in a blackout period due to pending M&A
 
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@milocat buying just just before a significant corporate evolution will earn an insider a rather unpleasant interview with the division of the RCMP that monitors market activity. It was noted on the NHK board, and discussed, that insider buying had ceased just prior to announcing the merger with ME-some took that as a sudden loss of faith in the co-I assumed it news related. It was. My point is, as long as senior management is buying we can be sure that nothing is imminent-if that buying abruptly evaporates-and I believe it will at some point-it means a deal is done or results are pending-either way its a reliable contrary indicator. This is true of all public companies but especially in our case + 13 more words. Click to expand
 
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@Skittlyrit @bernard sorry I meant 2024-H1 and I think it was in the corporate deck.but obviously that has changed now, per @tonylovesgold's intel
 
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@TonyLovesGold Good morning gentlemen. I believe that any M&A talks are not imminent unless of course a company approaches STLLR. Why do I say this? As I said referring to my post detailing my chat with IR, this new STLLR team is going through everything done by ME's previous management and there is still LOTS of work to do. I can bet that STLLR top brass cannot tell you today how that MRE for Tower will look. They can probably come within a million ounces but that would be about it. That is me talking again. New management team, new more conservative (as far as possibly cut off and likely other factors) MRE. Like I said before, they want to make this Tower MRE as bullet proof as Colomac's. Do not be surprised if they drop some ounces from the coming MRE with a higher cut off but those that stay will 100% be economically viable to mine. This is called de-risking a project. And you guys that owned ME were wondering why ME never really appreciated much and was not given the value it deserved? STLLR is the real deal and it takes a while to demonstrate it and gain the respect of the "street". This is me speaking again but I get the feeling that ME's previous management did not have it. This is where our BOSS comes in, starts from scratch and makes things right. Now let's go!!!
 
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