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Stavely Minerals Ord Shs T.SVY


Primary Symbol: STVMF

Metals & Mining Industrial Metals & Minerals
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

Stavely Minerals Ord Shs
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Post by Ticker28on Jan 23, 2007 8:47am
167 Views
Post# 12070070

Ultraline sold to Haliburton

Ultraline sold to HaliburtonDo you think this was a good move on the part of SVY to sell off their wireline services company? I wonder where they will allocate the profits from this sale, build more rigs, buy up some discounted companies in the same line of business? I wonder if they may even end up selling out entirely over the future? Any comments?
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