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.

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Stavely Minerals Ord Shs

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Post by jackpinesavageon Mar 06, 2014 11:18am

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Post# 22288983

Great buying opportunity:

For some reason there is disappointment
over Savanna's earnings report? There was
year over year slippage due to weak North American
exposure, but the company is countering this weakness
with increases in Australia. The revenue in 2014 is
slated to improve because of the Aussy growth.
Savanna will also get a 10% bonus due to currency
imbalance (loonie to US dollar)
I am a US citizen who can only buy Savanna on
the over da counter exchange. I have more faith in
the canadian dollar, than the US Donut. IMO buying
Savanna at these prices is like using a 10% off coupon.
You get growth tangent, a low PE, and a dividend that
pays you to wait.

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