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Bullboard - Stock Discussion Forum Sterling Metals Corp V.SAG

Alternate Symbol(s):  SAGGF

Sterling Metals Corp. is a Canada-based mineral exploration company. The Company’s principal business activity is the exploration and development of resource properties. The Company is advancing the Adeline Project in Labrador, which covers an entire sediment-hosted copper belt, with demonstrated potential for important new copper discoveries with significant silver credits, and the Sail Pond... see more

TSXV:SAG - Post Discussion

Sterling Metals Corp > So the market is selling off on the news.
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Post by ValuePro on Dec 08, 2023 2:44pm

So the market is selling off on the news.

Is that because there may not be a winter drilling program?  The news itself was not bad.  I think it is encouraging for initial passes on two targets within a district-scale project area. 

I would double down today, but I've already used this month's available cash.  No worries, I've got a decent number of shares and am well-practiced at waiting. 


Comment by ValuePro on Dec 14, 2023 12:06pm
And just now, on the US side, someone unloaded 317,000 shares, pushing the price down to a loss of nearly 13 percent on the day.  I suspect the sale is probably for tax loss purposes.  When it trades, even over a day, volumes are in 4 or 5 digits, not 6.  Great bargain, in my opinion, but I'm too cash-poor at the moment to take advantage.  Maybe next month. 
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