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Stelmine Canada Ltd V.STH

Alternate Symbol(s):  STHFF

Stelmine Canada Ltd. is a Canada-based junior mining exploration company. The activities of the Company include the acquisition, exploration, production, development and operation of mining properties. Its properties include Courcy property, Mercator property, Joubert property, Trieste property and Ilnu property. The Courcy property comprises a total of 163 claims covering an area of 85 square kilometers (km2) located less than 100 kilometers (km) west of Fermont, Quebec. The Mercator property is located 76 km north-east from Courcy property. The property consists of a group of 1095 claims and totaling 561 km2. The Joubert property consists of 103 claims and covers an area of 55 km2. It is located 55 km north-east of the Renard diamond mine, which is accessible by Road 167, at the eastern contact of the Opinaca and La Grande sub provinces. The Trieste property consists of 14 claims having an area of 30 km2. The Ilnu property is located 70 km from Courcy property.


TSXV:STH - Post by User

Comment by NickelOneon May 16, 2020 9:01pm
100 Views
Post# 31038774

RE:How is change possible

RE:How is change possible
ple1968 wrote:

Change is needed obviously now...bull market in gold and this company can not participate?

Any ideas from our shareholders on how to invoke change in this company?

ple1968


Change is not possible, not in this company. Look at the insider buying over the last couple of years, they have  been buying every single cheap share available on the open market. They have a lot of skin in the game...

This company is mostly unknown to retail investors, and some people had to get out of it at a steep loss.... With the low share count, it is not very liquid and not changing hands frequently. 

Patience will be rewarded! More than likely they need to raise more cash for a driling program, but the targets are drill ready and decent results will put some fire under the stock price. An easy double from here before October.

Good luck!

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