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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 > insider overview: more SVY acquisitions on public market
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Comment by GeorgeSecondon Feb 02, 2015 5:29am
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Post# 23387389

RE:RE:insider overview: more SVY acquisitions on public market

RE:RE:insider overview: more SVY acquisitions on public marketThere may be signals, in aggregate, that it's time to buy, though myself I need more of a sustained uptrend in share price before jumping in, but I don't see insider buying by itself a compelling reason.  Given their total compensations, buying $20k worth of stock is nothing for a CEO or CFO if it makes them look like they have confidence in their company and could just be a form of job insurance.  If they can keep their salaries another year or two then it's good insurance, and at this stock price, not a big risk.  It doesn't necessarily mean they think the price is going up anytime soon.
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