Member Info for harford

"The Board aims to make the most of the Company's resources through what it aims to be a transformational investment into a new area of activity. Extensive work is underway to consider a number of possible options on offer. The most important criterion behind this work will be to generate significant shareholder value in the near term". That was back in June 2023. It's been slow progress here but the 2p options show that they have confidence they can create some value here.

Camelot1, I remember Schaefer's article too. It's still out there:

https://oilandgas-investments.com/2017/oil-stocks/this-country-is-caught-in-a-catch-22-with-energy/

Makes you realise how long we've been sitting on dead money here.

Sterling Metals up 76% today.

Patience... just another couple more years.

"Range achieved a 27-bagger, while fellow Marcellus developers Cabot Oil & Gas Corp - now known as Coterra Energy (CTRA) - pulled off a 24-bagger, CNX Resources (CNX) a 17-bagger by 2008 or a 7-bagger by 2014, and EQT Corp. (EQT) a 6-bagger."

Makes Cavendish's target price of 37p look pretty lame given the number of years some of us have held out here.

Sterling Metals acquires Copper Road project:

https://www.sterlingmetals.ca/news/sterling-metals-signs-definitive-agreement-to-acquire-the---copper-road-project-in-ontario

Article can be read here:

https://archive.ph/055Ks

From the Half-year report: "The goal is to find a new area of business activity that will generate significant shareholder value in the near term and to announce a new direction in Chesterfield's development by the end of 2023. ".

I wonder if we will hear anything before the end of 2023?

Oilcountry99 - Broker Cavendish (formerly CENKOS) has a target price of 37p (note issued 7th Dec 23). I haven't seen a breakdown of how they arrive at this figure.

Excellent PP. Thank you, very interesting. Look forward to further updates. Big holder here from the early days of Martin French.

Thanks for posting PP. Who has published this Research Note? I can't see anything on ResearchTree.

The End.

The Company announced previously that it has received confirmation prior to the suspension being lifted that the Company is "grandfathered" under the regime change so that, provided a reverse takeover is subject to eligibility and prospectus review and approval prior to 1 December 2023, that such reverse takeover can complete with a market capitalisation for the enlarged share capital of the Company of less than £30,000,000 (thirty million pounds).

Allenby Capital released a brief but positive broker note on ENET this morning which could account for the bounce. The note is available free on their website.

Just noticed broker Cenkos (now Cavendish) has a target price of 37p on FOG in their latest broker note published today. I haven't seen a target price from them in years.

Sterling up 27% today, maybe something brewing.

You can now deal with Hargreaves.

08:45 AM EDT, 07/13/2023 (MT Newswires) -- Sterling Metals Corp. (SAG.V) said Thursday that it has commenced exploration work at the Adeline copper project in Labrador.

The company, which lost 6.7% yesterday and is trading near 52-week lows, on Thursday, said it has received drill permits, with construction and field activities starting immediately.

Sterling has set up drill pads at the Ellis Main prospect, where recent trenching was completed and initial drilling is expected within six weeks.

"Adeline holds many of the key characteristics needed to host a super giant sediment hosted copper system - and the Ellis target - with its already confirmed drill intercept - is the first area where we will look for a near surface deposit," CEO Matthew Wilson said.

Https://money.tmx.com/en/quote/SAG/news/4558742002900680

https://money.tmx.com/en/quote/SAG/news/6874703291616494