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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 jackpinesavageon Jan 17, 2015 10:47am
167 Views
Post# 23331197

RE:ABC funds sold 3.5 million shares of Savanna

RE:ABC funds sold 3.5 million shares of Savanna
I don't feel sorry for him at all. I feel sorry for the investors
he fleeced by concentrating so many highly leveraged
commodity stocks in one portfolio. How do you reconcile
the lack of diversification every fund should offer,  when
concentrate a crib of 5 different oil service companies in
the same crib.
Did you notice,,, he is a lousy stockpicker as well?
Look at Sherritt's performance over the last 4 years.
How about his favorite Capstone, which sunk 32% in
the past week.
Irwin is now recruiting new shareholders after
buying companies like Savanna high, and then selling
them at 20 cents on the dollar. Some Guru.
We now know what I suggested 2 weeks ago.
"It had to be Irwin Michaels driving the price down."
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