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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

Comment by Godfather1on Apr 24, 2013 6:29pm
124 Views
Post# 21297048

RE: RE: RE: RE: RE: RE: RE: RE: SVY, ESN, HNL

RE: RE: RE: RE: RE: RE: RE: RE: SVY, ESN, HNL

I agree with ESN being a target but people have been saying that for years and it hasn't happened. You would think that they would get acquired at these prices as it is cheap but so far no luck. Maybe an acquirer is waiting to see what ESN does with their columbian assets. 

SVY is cheap too but Im not sure they will be taken out. I think the company has tailwinds in Australia and maybe if they can prove to the market that they can be successful in Australia then maybe someone will take them out. I just dont see them being acquired right now. I work for BMO and the analyst there isnt too impressed with SVY. I think he has it rated as a market perform and last I read he did mention that it was attractive as it was trading less than liquidation value but said it was a cautious investment. I will check it out tommorrow and post some of his comments from the FY12 report. 

 

GLTA

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