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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

Post by AB1Canadaon Apr 17, 2015 5:39pm
307 Views
Post# 23642305

High of 2.45-2.46 I'm not the only one!

High of 2.45-2.46 I'm not the only one!Was looking at this stock Wednesday when I let go of my TCW and was thinking this stock is behind the other stocks when you put/compare to the other oil and gas companies. This stock should be have been sitting at at least $2.50! Just to be on par with the worst in the industry. So smartly I bought a number of blocks. To see today hit 2.45 could not be happier. And then it came right back down as it has since I've been watching Wednesday. 

I think with options having expired, the weekend for investors to do their homework and our financing affairs now confirmed to be in order we can expect to see highs if not a close near $2.50 Monday.  I would like to believe the downward pressure was against the options expiring at end of month - though very few were outstanding; surely no one is still shorting this company. 

Have a good weekend everyone!
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