ValueTheMarkets

Crusader Resources announces BFS progress at flagship Brazilian gold asset (CAS)

This morning saw Crusader Resources (LSE:CAS) announce that it has discovered an opportunity to reduce capex costs at its flagship Borborema Gold Project in Brazil, leading shares to sit at 1.65p in afternoon trading. As part of an ongoing bankable feasibility study (BFS), Orway Mineral Consultants (OMC) found that the 2Mtpa project’s ore is amenable to…

Chart technical setup for Stratex suggests significant potential upside on newsflow triggers (STI, GOLD)

Stratex International (LSE:STI) updated the market yesterday with its interim results and a summary of the progress made so far this year, as the company refocuses its vision for the future. From a technical analysis point of view, the stock is also shaping up to be of interest. The share price is currently in the doldrums,…

Amerisur price chart offers significant potential upside if production progress continues (AMER)

Last week saw South America-focused oil and gas firm Amerisur Resources (LSE:AMER) rise after announcing progress at its key Platanillo block in Columbia. After finding that a severe degradation of the cement sheath at its Platanillo-22 workover was holding back production, the firm said it successfully carried out a cement squeeze operation to recover the well. It…

Stratex releases interims and reports on company progress (STI)

Today, Stratex International (LSE:STI) provided a company update and releases its interim results for the six-month period ended 30 June 2018. We interviewed CEO Tim Livesey where he outlined his vision for the company, and this morning’s update details further progress and board changes. Livesey, alongside CFO Bob Smeeton is refocusing the Group’s activities on early-stage…