Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Sterling Metals Corp V.SAG

Alternate Symbol(s):  SAGGF

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... see more

TSXV:SAG - Post Discussion

Sterling Metals Corp > Excited to See the Drilling Results
View:
Post by Justdosomedd on Jun 22, 2022 1:53pm

Excited to See the Drilling Results

As manufacturing for things such as EVs and electronics continue to stay at all-time highs, companies need to have access to the raw materials used in production. But, with demand outpacing supply for many metals, the need for mining has never been higher. Plus, inflation just came in at 7.7% in Canada, the highest since 1983. One company I've been watching for some time is $SAG.V (Sterling Metals) due to the strong stock performance despite the bear market and their promising Sail Pond Project.
 
- The project consists of a primary focus on silver but also has signs of copper, zinc, and a few other metals used in good manufacturing.
- The 7,500m phase 2 drilling is underway at the project as they look for new zones/extensions.
- Impressive ownership with Sprott holding 7% of the company, Altius Minerals at 13%, and other institutions holding 16%. This institutional backing shows the potential of $SAG.V.
 
With previous high-grade results and $4.8M raised in the past couple of months, they're in an excellent financial and explorational position going into the future. It's definitely getting interesting at these levels, with a market cap of only $16.4M. I'll be keeping an eye on the stock at these levels and watching for the future drill results. GLTA!
Be the first to comment on this post
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities