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South Star Mining Corp V.STS

Alternate Symbol(s):  STSBF

South Star Battery Metals Corp. is a Canadian battery metals project developer focused on the selective acquisition and development of near-term production projects in the Americas. The Company’s primary focus is the Santa Cruz Graphite Mine. Its Santa Cruz Graphite Project, located in Southern Bahia, is the first of a series of industrial and battery metals projects. The Santa Cruz Graphite Project is located in the state of Bahia, Brazil and consists of approximately 13 approved licenses covering 13,316 hectares. Its second project, BamaStar Graphite Project in the development pipeline, is located in Alabama in the center of a developing electric vehicle, aerospace, and defense hub in the southeastern United States. The BamaStar Graphite Project is located on the northeast end of the Alabama Graphite Belt and covers about 500 acres in Coosa County, Alabama. Its natural flake crystalline graphite concentrate product line is sourced from the Santa Cruz Graphite Project in Brazil.


TSXV:STS - Post by User

Post by Lottenon Jun 24, 2022 3:30am
404 Views
Post# 34779384

Finally

FinallyFinally the Non-Brokered Private Placement closed. Now we can look forward. We'll certainly see more dilution in the future, but in the meantime I hope the sp will strengthen enough to reduce the pain of dilution. And there is no reason why it shouldn't. I guess we'll be over a buck in the coming months, and even 2 dollar could be more than a fantasy. But off course it all depends on the management delivering the news to support such a development. If not I'm afraid the shorters will take over.

Nice to see insiders participating.

Despite my loss in this share so far I'm very optimistic about the future of this company. The Sprott deal convinced me to stay long. If this doesn't work out, what will then happen to the green revolution? (a bit dramatic)

Only my opinion. Have a nice weekend! :-)

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