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Re: SSC - Sultan Corporation

any thoughts on the action today.
volume is up a bit and some big trades have gone through considering ann still about 6 weeks away
 
Re: SSC - Sultan Corporation

ann just out from ssc looks like there expanding tenaments in the area ajoining peelwood.
good news imo
 

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Re: SSC - Sultan Corporation

Hi Bruno, ssc seems to have a resistance of .48 of late with buyers building in .49 .5c range, with large trades!
The ann of new ground is looking hopeful..... 135 sq kilometres! will be nice to see some drilling results.
 
Re: SSC - Sultan Corporation

ok guys, i;ve been digging up some information in regards to the latest acquistion by SSC. As per their annoucement today, ELA 2890 contains the Black Springs, Single Tree Hill North and Big Magpie prospects.

This is where my digging comes in:

Black Springs (most prospective out of the 3 prospects IMO) prospect was drilled by Asarco Aust Pty Ltd and Jododex Australia Pty Limited up to the early 1980s, before renewal of license was refused.

Assay results for 5 of the 10 diamond drill holes at the Black Springs prospect by Asarco are shown below,
View attachment BS1.BMP


Subsequent drill results by Jododex at Black Springs are shown below
View attachment BS2.BMP

Finally, the image below summarises Jododex work at this prosepect.
View attachment BS3.BMP

I've also included a brief summary of the Single Tree Hill prospect, which was explored by Newmont in the early 1980s
View attachment STH1.BMP

Hope the above information is useful
NB: i dont hold SSC.

sleeper
 
Re: SSC - Sultan Corporation

thanks for the research sleeper, im no mining expert so i would be interested in anyones opinion on the above historical data.
 
Re: SSC - Sultan Corporation

Announcement out this morning

"HIGH GRADE HISTORICAL ZINC INTERCEPTS IDENTIFIED AT THE BLACK SPRINGS PROSPECT"

Looks like they've picked out the best of the historical results sleeper88 found a week or two ago...

Maz
 
Re: SSC - Sultan Corporation

No post on this one has been a while.
The appointment of Chief Geologist means the progress has been going on as planned.

What is everyone's idea about the share placement of Sultan? Would you take it?
 
Re: SSC - Sultan Corporation

chimp said:
No post on this one has been a while.
The appointment of Chief Geologist means the progress has been going on as planned.

What is everyone's idea about the share placement of Sultan? Would you take it?
Click to expand...


Well I'm certainly glad I didn't take the placement with the current sp sitting at 2.9 cents and the placement at 4.2 cents.
 
Re: SSC - Sultan Corporation

yeah, back timing for a placement. they hadn't expected this correction though. would be interesting to see the future of this one with share placement unsuccessful.

any thoughts? or any gossips?
 
Re: SSC - Sultan Corporation

anyone got any new info? someone gave me a tip on these guys a few weeks back...apparently their projects are going well and SSC provides a quick opp to double in the near future...thoughts?
 
Re: SSC - Sultan Corporation

insidetrader said:
anyone got any new info? someone gave me a tip on these guys a few weeks back...apparently their projects are going well and SSC provides a quick opp to double in the near future...thoughts?
Click to expand...

Thoughts?

SSC is embarking on a very definate growth path of which the latest announcement confirms. I foresee a very positive future for this company and you can bet that KZL has their eyes firmly fixed on them and I can see why.

Very promising results, jorc compliance for John Fardy and now an additional lease adjacent to the existing leases.

I like SSC a lot.
 
Re: SSC - Sultan Corporation

i like ssc alot too...17% today...not a bad day...

KZL hey? that's interesting...first i've heard of it...any basis or do you just think that it makes sense?
 
Re: SSC - Sultan Corporation

insidetrader said:
i like ssc alot too...17% today...not a bad day...

KZL hey? that's interesting...first i've heard of it...any basis or do you just think that it makes sense?
Click to expand...

Mark John Ashley (Non-ex director of KZL) is my basis. Mark Ashley is a very astute businessman and IMO has one eye on SSC, at least I do know he is very aware of SSC progress and I would be certain the board of KZL by now.

I have stated for some time I expect something good to come of Sultan. The definate consistent approach they have to company development and the quality leases in adjoining areas in the highly prospective Peelwood district has convinced me even more. This new aquisition is very convincing as is the management of SSC.

I am looking forward to very big things now and I will even stick my neck out and state I believe they will be mining Zn before AAR and you all know how much I like them. I won't be surprised at all to hear of a Chinese involvement with SSC in the short term. This is me thinking out aloud, I have no facts to support this and I am purely speculating on a possible direction. My main thoughts here are the locations are existing mines that were mined by old methods and resource indications (Jorc already at Fardy) and geology are well documented supporting a quality base metals project.

Will KZL be involved, that I really don't know but I am completely convinced we are watching the progress of one of the next quality Zn miners in NSW.

"Why Zinc: An Overview"
http://www.sultan.net.au/why-zinc-an-overview/

Disclosure: I hold SSC.
 
Re: SSC - Sultan Corporation

Nice move today up 21%

The company is currently doing a road show...might have something to do with it.
 
Re: SSC - Sultan Corporation

up another 7% today...

anyone know if there is anything of substance about to be released?
 
Re: SSC - Sultan Corporation

Not sure about any announcements, share price action could be due to the company gaining positive exposure through the roadshow.
 
Re: SSC - Sultan Corporation

Has anyone noticed the strong volume of this one last Friday?

I'm not sure whether SSC is on the list of Opes Prime, hence the volume is caused by changing hands.

Is there still holders around?
 
Re: SSC - Sultan Corporation

ssc looking good, a few good announcements, JORC not far off, in production next year.

I think the main problem is that the company is still listed in the 'technology and hardware' sector. ;-) Apparently this is being addressed too.

(I hold) so DYOR.
 
Re: SSC - Sultan Corporation

Sorry prawn, i should have left that out.

SSC another good announcement yesterday containing drill results which is putting them on target to increase there JORC reserve. New estimate coming soon.

Bankable Feasibility Study also commenced in last couple of days.

I feel this represents good value at its current market cap.

But always DYOR because i am but a rookie!

Any other thoughts appreciated.

I hold a small parcel.
 
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