TSX:STLR - Post Discussion
Post by
tony1969 on Jul 15, 2024 12:21pm
I am adding...Example of how undervalued STLLR is...
@TonyLovesGold Just added 1,220 shares US at $0.90. STLLR will be MUCH higher in the next few months. IT WILL BE VERY INTERSTING TO SEE THE UPCOMING TOWER MRE TO SEE HOW MUCH THE 120K METERS OF INFILL DRILLING ON THE PROPERTY BENEFITS ANY NEW PLAN THAT THIS NEW TEAM HAS FOR THE PROJECT. Sorry for the uppercase. Just realized it... 0
@TonyLovesGold STLLR Plan for Tower from their Presentation "STRATEGY TOWER: Refresh mineral resource estimate, update conceptual mine plan and evaluate options to enhance value" It seems like they have lots of options to maximize value here while limiting capex. 0
@TonyLovesGold TOWER OPTIONALITY: • Focusing on higher-grade mineralization • Evaluate new potential mine plan that is predominantly OP (w/ 10-11 yr mine life) • Significant nearby infrastructure with excess capacity 0
@TonyLovesGold AEM Agnico Eagle Mines is trading at $75.57 US or at 52 week highs. It has a market cap of $37.6 billion US. In other words if AEM were to buy STLLR with stock today and pay $376 million (just as an example) it would only dilute their holders by 1%. Yes AEM would get an additional 17.8 million ounces of well over 1 g/t mostly OP gold for literally a drop in the bucket. STLLR holders would get over 4X the roughly $92m US we trade at today. This is just one of many examples demonstrating how immensely undervalued STLLR currently is. By the way that $376 million merger or buyout example I just mentioned above works out to be only $21 US per ounce using the 17.8m ounces of gold possessed by STLLR. I realize that there is still lots of inferred ounces in there but this team is working hard to make Tower's ounces as bullet proof as those at Colomac and even if they show less ounces they will be indicated and worth exponentially more than the let's say $6 US each is valued at today. BUY STLLR!!!
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