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ESR

Estrella Resources (ASX: ESR) hasn’t moved much since I last looked in November (up to 3.1 cents). Like I said then, they have a lot going on. Their presentation was, naturally, very bullish, but we are still awaiting the completion of their scoping study. Now is probably a good time to have a go with these guys as it looks like the Study will provide a significant boost to their share price.

Longer term, these guys look like they have bitten off more than they can chew and they are chewing like mad. Great results could result in them being taken over by someone with deep pockets and an eye on easy profits. On for a look again in Feb.

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