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Gold/Mining/Energy : 2023 Stock Picking Contest

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To: dara who wrote (113)1/2/2023 10:44:35 PM
From: stuffbug  Read Replies (1) of 225
 
Dara, thanks for running the stock picking contest once again.

I will go with Sterling Metals (SAG.v), an early stage grass roots exploration play.
They are drilling the Sail Pond Silver and Base Metal project in the Great Northern Peninsula of Newfoundland.
The latest encouraging drill results were released several weeks ago.
Market cap is under $20 million.
Last May, Sterling raised $4.8 million through the issue of common shares at $0.20 and flow through shares at $0.28. Both placements included warrants to acquire common shares at $.40. Total warrants issued was 21.4 million.
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