Was a little surprised that this stock didn't have a thread already. It's a an mineral exploration, development and mining company involved in production of copper, gold and coal over three locations: Tritton mine in NSW, Whin Creek cooper mine in WA and Mt Muro gold mine in Indonesia - all wholly owned.
It seems to be starting to recover from a difficult 12 months. In January, FN Arena wrote about it thus:
Worst May Be Over For Straits Resources
FN Arena News - January 19 2007
By Chris Shaw
From a share price of more than $4.50 in the middle of last year it has been a downward slide to levels close to $3.00 in recent months for copper producer Straits Resources (SRL), but Austock Securities suggests this offers a chance for investors to reassess the company's prospects.
As of today, it is now at $3.83 heading upwards - see attached chart. I'll be keeping an eye on it.