Stelmine Canada Ltd V.STH

Alternate Symbol(s): STHFF

Stelmine Canada Ltd. is a junior mining exploration company pioneering a new gold district (Caniapiscau) east of James Bay in the under-explored eastern regions of the Opinaca metasedimentary basin and the Ashuanipi Complex. It has 100% ownership of approximately 1,815 claims or 933 square kilometers (km2) in this part of northern Quebec, highlighted by the Courcy and Mercator Projects. Its properties include Courcy, Mercator, Joubert, Trieste, Ilnu, Minuapan, Mishtik, Nikan, Atanau, Massek, and Anite. The Courcy property is composed of over 165 claims resulting in a surface area of 86 km2. The Mercator property consists of a group of over 1,075 claims and covering an area of 551 km2. The Minuapan property consists of over 133 claims and covers an area of 69 km2. The Joubert property consists of over 103 claims and covering an area 53 km2. The Trieste property consists of over 14 claims having an area of seven km2. The Ilnu property consists of over 82 claims having an area of 42 km2.

TSXV:STH - Post by User

Stelmine Canada Ltd

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Comment by marvelmakeron Jul 16, 2008 5:08pm

584 Views

Post# 15300060

RE: Great news!!!!!

Thanks for the reply, it is allways nice to see insider buying. At those prices, is he exercising options? Either way, hope there is STH news soon!

Wouldn't mind to see a merger of the two companies, if he is CEO of both, this is purely speculation on my part.

I saw a few news releases that pegged the o/s shares for STH just over 9 million. Don't know how many are insider owned?

Thanks again for the info! Good luck to all!

Cheers;
Rob

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