Sterling Metals Corp V.SAG

Alternate Symbol(s): SAGGF

Metals & Mining Industrial Metals & Minerals

Sterling Metals Corp. is a Canada-based mineral exploration company. The Company’s principal business activity is the exploration and development of resource properties. The Company is advancing the 24,000-hectare Copper Road Project in Ontario which has past production, and multiple breccia and porphyry targets strategically located near robust infrastructure and the 29,000-hectare Adeline Project in Labrador which covers an entire sediment-hosted copper belt with significant silver credits. The Copper Road Project is located in Batchewana Bay, Ontario, which has a package hosting two past-producing copper mines, the Tribag Mine and the Coppercorp Mine, and the Project has several confirmed zones of mineralization, with each zone containing multiple under-explored mineralized breccia pipes. The Adeline Project is located in the prolific Central Mineral Belt in Labrador, Canada. The Company’s Sail Pond project is located on Newfoundland’s Great Northern Peninsula, eastern Canada.

TSXV:SAG - Post by User

Sterling Metals Corp > So the market is selling off on the news.

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Comment by ValueProon Dec 14, 2023 12:06pm

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Post# 35784658

RE:So the market is selling off on the news.

And just now, on the US side, someone unloaded 317,000 shares, pushing the price down to a loss of nearly 13 percent on the day. I suspect the sale is probably for tax loss purposes.

When it trades, even over a day, volumes are in 4 or 5 digits, not 6.

Great bargain, in my opinion, but I'm too cash-poor at the moment to take advantage. Maybe next month.

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