STLLR Gold Inc T.STLR

Brainstorming....

[tony1969]

Sitting here watching Leno's Garage and I started brainstorming about STLLR. This is 100% my speculative mind in action. On my only son's life. How about if we monetize Colomac? It is pretty obvious to me that management will give Tower priority from everything (not much) we have heard. Colomac has 5.1m ounces (3.4m indicated at 1.5 g/t and 1.7 interred at 2.17 g/t) in the two two above categories at around I am guessing 1.75 g/t give or take .05 g/t. Too lazy to do the exact math. Back to my point. They have put out a tremendous PEA that will crank out WELL over $1 billion at spot and have over 900sq km of territory (much of which is not explored) with lots of exploration upside. Gold is trading close to all time highs. Why not shop it around and see what they can get for it. $15 per ounce gets us over $75m, $25 per ounce gets us over $125m etc...I realize that the stock is not trading as if these values were achieveable but that property in my opinion is worth at least the latter $ I posted above. This was a producing mine and $25 per ounce is still less than many peers. The grade is very, very decent for an OP operation. They can use the proceeds to wisely and frugally do whatever they want. A special dividend to shareholders, continue advancing Tower into production, buy another less remote property, use proceeds in order to lower the amount they will need to finance Tower etc...I want to hear some opinions here. Call me an idiot. Tell me it's not a bad idea. Tell me it's a good idea. Just tell me something. Again I just thought of this 20 min ago and thought I would share it. It would immediately help the stock price for obvious reasons and give our BOSS even more ammo to keep this story going and growing....

 

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[mrmazikden]

This post has been removed in accordance with Community Policy

[Matteo1234]

Pappi.Hope these guys arent working with Haywood. That would be a red flag.No demand for the shares. Where is the marketing of the merge. Are you buying the Dip. Stayhard

[tony1969]

Hey Paps. Yes I have added 3,333 shares at an average of $0.893 US post merger.  Hope you are well pal...

[tony1969]

The management team just received 3.1m options at $1.25 yesterday. I am all for it. More incentive to make this eventually go much higher.  

[ecolo101]

Just to say that I have since many times where managers received share option at a fixed price where they have never touched a single penny on them because stock price never reached above what they got it for at zero dollar paid. they get them to work harder in order to increase shareholder value but when the business plan is not well executed and that the overall company does not much on the

[tony1969]

Hey ecolo. This junior mining gold sector occasionally trades at extremes. It is doing so now to the downside. These projects owned by STLLR would be printing $ if they were producing gold here at spot prices. Yes the big hurdle here is financing a project. I believe that Tower will look like a great investment once they put out the new MRE next quarter. It may be followed by a new PEA including

[Matteo1234]

Papi. I believe the bottom is in. I think the gold miners are about to rip as Gold and Silver catch a huge bid.Your patience ia about to be rewarded. Stayhard

[tony1969]

Hey Papmeister. I think that the fact that gold is trading near all time highs when it's two biggest enemies (high rates and a strong dollar) have historically always been a huge headwind for it bodes very well for the metal. Imagine when the FED cuts rates later this year and the USD fades. We should do very well here my friend. Thanks for the encouraging words Pappy....

[Matteo1234]

Pappi. March 30 2020 price = 0.78cents. Six months later = $4.68 a share. Same pattern seems to be playing out. Smart money accumulating while retail sells the bottom. Its all gravy baby. Stacking shares. Stayhard

[tony1969]

That would be amazing Pappy.  I am adding as much as I can every month.  Let's see how this year plays out. This stock is due for a re rating.  A large one too....