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Stavely Minerals Ord Shs T.SVY


Primary Symbol: STVMF

Stavely Minerals Limited is an Australia-based mineral exploration company. The Company is focused on the exploring for copper, gold and silver at the Stavely and Ararat Projects in western Victoria, and nickel, copper and cobalt at the Hawkstone Project in west Kimberley, in northern Western Australia. The Stavely Project, covering an area of approximately 1,000 square kilometers (km2) over the prospective Stavely Volcanic Belt in western Victoria, includes a 100% owned retention license RL2017, 100% owned exploration licenses EL6870, EL7347, EL7921, EL7922, EL7923 and EL7924 and the Black Range Joint Venture license EL5425. The Ararat Project comprises a retention license, RL2020, covering an area of approximately 26km2. The Ararat Project is located on part of the western margin of the Stawell-Bendigo Zone, which is part of the western Lachlan Fold Belt. Hawkstone Project covers an area of 1,100km2 over prospective stratigraphy in the west Kimberley, in northern Western Australia.


OTCPK:STVMF - Post by User

Bullboard Posts
Post by Ticker28on Jul 08, 2006 2:10am
286 Views
Post# 11078412

Undecided

UndecidedI'm a long term WLE shareholder and knew management and members quite well. I just am trying to let all the news sink in on what the merger will do for the growth of these two company's. I have always been a WLE long and now am wondering what this merger will accomplish in terms of share value. As I read more and more I feel this merger can be a good thing as SVY has a large share of the drilling market in Canada largely due to its hybrid shallow depth technology and that WLE can contribute with it's deep depth drilling techniques. I have a strong feeling now may be the time to buy and support this decision as we both have had share price hits. I think we could possibly bounce back come fall. I wonder if were set for a break out. TA sure looks strong. Any thoughts.... Ticker
Bullboard Posts