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STLLR Gold Inc T.STLR

Alternate Symbol(s):  STLRF

STLLR Gold Inc., formerly Moneta Gold Inc., is a Canadian gold development company. The Company advances in two gold projects, namely Tower Gold Project in the Timmins Mining Camp in Ontario and the Colomac Gold Project located north of Yellowknife, Northwest Territories. Its Tower Gold Project is located approximately 100 kilometers (km) east of Timmins and hosts a total indicated resource of approximately 4.46 million ounces (Moz) contained gold and a total inferred resource of 8.29 Moz contained gold. The Tower Gold Project hosts nine gold deposits along a nine km long mineralized corridor. The Colomac Gold Project is an open-pit gold project in the Northwest Territories, Canada, 200 km north of the capital city and mining hub Yellowknife. The Colomac Gold Project represents a series of high-grade open pit gold deposits, and gold mineralization remains open on all directions.


TSX:STLR - Post by User

Post by tony1969on Feb 14, 2024 12:20pm
142 Views
Post# 35879978

Some CEO.CA comments during the last couple of days....

Some CEO.CA comments during the last couple of days....
 Congrats on opening the TSX today to the entire STLLR team!!!
 
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@Lakeview FYI All my Moneta shares have now been converted into STLR shares at 2:1. My brokerage is TD. I held no NHK shares for conversion.
 
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@TonyLovesGold My dad and I are still waiting for our 1,215,250 shares of NHK or MIMZF in the US to be converted to 255,202 shares of MEAUD/STLRF. STLLR Gold IR says that the transfer agents "dropped the ball" and it is taking a while. We are not selling a share as you guys know but it would be nice to see them in our accounts. Please help Allan!!! :)
 
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@designer Mine converted also, got some more these past days ;-)
 
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@zg1968 Current price $1.15 what does this equate to pre-split for NHK shares?
 
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@designer 1,15 * 0.21 = 0,2415 CAD
 
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@pfdx In other words, an all time low
 
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@zg1968 Well that sucks but based on my experience stocks go down after consolidation. No excuses now, insiders need to step up to show support and confidence in this merger and buy in the open market.
 
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@pfdx Sure they go down but this one is already trading at basement levels (i.e. USD 3.1 ev/oz which is the lowest of any junior)
 
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@TonyLovesGold Agree zg. I do think that we will see some insiders step in here in the near future at these beyond undervalued levels. That would really help the stock....
 
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@JPS00 I inherited shares from my former $NHK position. To me this is a nice optionality play but the price of gold needs to move a lot higher to get interest for development or takeover. Maybe a royalty deal could change the depressed sentiment like the one that happened between WPM and LUM
 
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@zg1968 I bought some at $1.12. Sadly not enough to trigger a SEDI filing.
 
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@TonyLovesGold I will be adding on Thursday....
 
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@TonyLovesGold Trading at about $83m US cap for 18m ounces of which around 80% are near surface OP at well over 1 g/t...WOW...
 
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@pfdx And with $22m US cash as per the presentation
 
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@TonyLovesGold They have more than that pfdx. NHK just raised $13m Canadian. I do not think that both companies had less $25m US combined pre raise I mentioned above..
 
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@Thinker1951 I just put in a bid for shares . Before the merger from a presentation on Sept 6th share price $1.90, 122 million shares, 18 million cash, 4 million debt and the Tower project. After merger we now have Colomac and Tower project , 100 million shares, 30 million cash and share price as low as 1.02. Just came across this today but it seems a no brainer. Am I missing something?
 
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@MadMardiganRisk only thing missing is any buyers who actually want to buy...but that might change if gold makes new highs..still gonna be hard to sell the company IMO..but anything can happen
 
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@designer This will be a minimum 5-banger when gold goes.
 
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@TonyLovesGold Don't think too much thinker. This is an amazing bargain down here. Your example is great except you did not point out that they now have 17.8 million ounces of gold they now have at over 1 g/t of which over 82% are OP ounces. A no brainer is a bad way to describe any investment as the market prices an asset where it prices and asset but man this is sure beyond a gift down here. It will prove to be a steal down here in the months to come. It is trading at a cap of about $83m US for two projects that will pump out $ billions and possessing 18m ounces of gold. UNREAL DISLOCATION of VALUE....
 
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@TonyLovesGold STLLR Gold Inc. (STLR.TO) has a price target of $6.79 Canadian on Yahoo Finance. I guess some of the 8 analysts covering the stock have already put out reports incorporating the newly combined companies with price targets...
 
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@TonyLovesGold For those of you that have not received the new shares in your account, I was told by our great (seriously top notch pro) IR head that US shares should be posted in your account after the close of trading today. There are also still some NHK (TSX) shares that have not been fully converted to STLR yet. This should happen by Friday. Hope this helps anyone with questions on the conversion...
 
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