SVY bullish chart breakout !!!
SVY flying @ 0.745c +9.56%! on very good volume/momentum breakout today.
Excellent (cashed up $$) Copper/Gold play with potential near term 'positive news flow' to come imo
DYOR .. Cheers tela
Super finish SVY closing @ 0.76c +11.76% on terrific volume today!
6 monthly chart breakout suggests it's going higher from here (on the back of Copper prices edging higher).
DYOR .. Cheers tela
SVY MorningstarTM Quantitative
SVY Fair value $0.96c
*forecast price target of $1.20 estimate for the year ahead (more so even higher if a commodities boom eventuates as is suggested is likely on the back of a Copper bull market to come imo)
market depth looks great!
172 buyers for 1,505,089 units vs only 40 sellers for 696,525 units
SVY 1 yr weekly chart looks primed to go boom! on the back of yesterday's bullish breakout etc.
Stavely Minerals SVY has extended mineralisation to 900 metres northwest of the Cayley Lode discovery in Victoria
The company is undertaking a resource drilling program to extend this discovery zone to the northwest before moving to the southeast
Not only has the latest results extended mineralisation, but they also returned grades of up to 21.2% copper, 25.2g/t gold and 2540g/t silver
Drilling is ongoing but will shift towards the south-eastern strike extension of the Cayley Lode
SVY more encouraging results as reported today:
“We are very excited to see clear indications of a second emerging discovery in the Stavely Volcanic Arc,” Executive Chairman Chris Cairns said.
“While the shallow mineral resource definition drill program at Thursday’s
Gossan is at an advanced stage, a new early-stage discovery at Toora West would confirm the prospectivity of the entire Stavely Volcanic Arc for further discoveries, further leveraging our dominant, first-mover position in this under-explored district,” he added.
Since the aircore drilling program wrapped up, Stavely drilled another 18 holes to follow-up on the visual observations. However, assays are pending.
Once the company receives the follow-up assays, Stavely will conduct more diamond drilling.
According to the company, if the follow-up diamond drilling confirms today’s discoveries, the Toora West prospect represents a significant porphyry discovery.