Tag Archive for Stratex International

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,…

Can Stratex win over the market with West Africa? An interview with CEO Tim Livesey (STI)

Despite recently announcing a landmark deal and major operational developments, gold miner Stratex (LSE:STI) continues to trade at 0.44p. This is surprising when you consider that most of the company’s current £3m market cap is covered by its cash balance. Stratex has made a significant effort to reposition itself this year by boosting cash, hiring…

Buy signal ahead of drilling activities for gold play Stratex? (STI)

Stratex International’s (LSE:STI) share price is still in the doldrums after infighting between its old board and shareholders disrupted the company last year. Since then, Stratex has brought in new directors including CEO Tim Livesey and fine-tuned its exploration focus. With a drilling commencing at its Dalafin asset and a successful fundraise under its belt,…

Will investor interest in Stratex build as drilling commences? (STI)

Yesterday, Stratex International (LSE:STI) announced that IAMGOLD corporation has completed its preliminary studies at the company’s flagship Dalafin gold project. The mobilisation of drilling equipment to the site is nearing completion and IAMGOLD will shortly commence drilling. The share price was initially up 11% on the news, but the move was largely caused by Market…