By Ben Turney | Thursday 17 July 2014
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
This morning Stratmin Global Resources (STGR) announced these “positive exploration results” at its Loharano property in Madagascar. For shareholders in Stratmin the discovery of new “unidentified graphite mineralisation adjacent to its producing deposit” is undoubtedly very good and welcome news. But I am perplexed by the share price trading yesterday.
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