Watching for updates on assay results timeline from SAG.v. Although great drilling progress has been made at the Sail Pond Project, Sterling Metals (TSXV: SAG) has hit delays with testing and is still awaiting its first assay results.
Sterling has drilled over 5500m since drilling began in mid-June, and is currently drilling its fifth zone of interest along the 12km Heimdall Trend.
With the delays in reporting results, SAG.v shares have fallen below the lower boundary of a 3-month standing range. In my opinion, this yields a great buying opportunity. The untapped potential present at the Sail Pond Property is absolutely massive for a company of Sterling’s size.
That being said, it will be worth watching the company closely for indications that assay results are on the way, as I expect this to be the biggest potential near-term catalyst.
SAG.v is currently trading at $.27, valued at $18.83 million.
https://ceo.ca/@accesswire/sterling-metals-provides-update-to-shareholders