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STK

Strickland Metals (ASX: STK) is in the fortunate position of discovering what looks to be a large gold deposit. Yes, there is lots of drilling and testing to go, but it looks like these guys are a long-term winner. Currently at 14.2 cents, good results should double the share price within a year, Try doing that with a bank deposit.

And with the experts predicting a 5-10 year run on gold, a find like this is extremely signficant.

Lots still needs to happen. More drilling, a scoping study, a feasibility study, more funding,and so on. A lot to gothrough before a final investment decision (including, if appropriate, a mining study).

Would I buy gold bars or shares in STK? I reckon the shares will do better in the medium to long term.

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