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 > Last day for CA Tax loss selling:

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Comment by jackpinesavageon Dec 26, 2014 9:37am

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Post# 23265540

RE:RE:Last day for CA Tax loss selling:

The debt is an overhang. However it is servicable, and if this swoon
in oil prices persists through 2015? Savanna will need to deal with it
by considering options (div'd cut, capex cuts, asset sales, etc)
For the present. SVY is oversold . For candlestick chart watchers,
it is showing a bullish "hammer".
As we leave 2014, and investors examine risk/reward for the new
year. Savanna makes a compelling argument for a company that
could be a double digit gainer.

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