Re: STI Stream Log - New note out today by...

New note out today by Beaufort, scraped from Researchtree: "Stratex continues to support Goldstone, as it increased the loan amount provided to the latter. Goldstone would use the money for general working capital as it progresses in its portfolio of West African gold projects. Goldstone would also use the funds to provide settlement to former CEO Mr Jurie Wessels. Recently, Stratex secured financing for Tembo gold licence, which is a positive move considering the rising gold price and the recent awakening interest in gold projects and gold stocks. The Tembo tenements adjacent to Acacia Mining's Bulyanhulu Mine have yielded multiple gold intersections from previous drill programmes and it now remains to deliver a coherent resource with further drilling. Furthermore, Stratex is directing its future efforts and expenditures towards opportunities in West Africa, a region where management remains focused on exploration and the potential acquisition of new projects. Stratex also continues to consider opportunities in Turkey and the wider region where it already has a footprint in terms of intellectual and operating experience along with a successful exploration team."