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 valueplaysonlyon Aug 21, 2012 2:54pm

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Post# 20243072

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Added 3000 more at 7.35 to 7.40 range. At this price it pays the best dividend among drillnig stocks for along shot. And its the best drilling stock in the entire space. Why is it down? answer, it is a lower beta driller and people are chasing higher beta so stocks like Precision Drill are outperforming. All drillers are near the mid point of the 52 week range,excpet PD. PD has upside to about 9.50. At that point SVY should turn to 8.50.

Add options for JAN 8 strike and you will have a 5 bagger too.

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