Ann: High Nickel Values Confirmed at Symons Hill , page-86

re: Ann: High Nickel Values Confirmed at Symo... tcf,
you asked " why is the SP so depressed (down nearly 30%) after what appears to be some very positive news from Symons Hill ac drilling?"

In case you haven't noticed, the whole small cap mining sector is quiet the last 1 year. With the blue chip market starting to soar, most funds and investors are more interested to put their money in blue chip stocks and funds at the moment. They don't want to take a punt when resources are not in black and white, they will only come in to small cap if a result is shown. It is the same with SIR before it skyrocketed in July last year. That's how it went from 5c to $5 in just a few months.

Look at SFX, they have great resouces at Thunderbird and other areas, in April when I bought, experts say the real value of SFX share is 60+ cents, but from May to September SFX was trading quietly at high 20s to 30+cents without much interest. Only recently when Hartleys did a rerating on the stock and said it is worth $1.50 then the price shot up to 60c.

You claim to be a seasoned investor in small cap stocks, but seems like you are playing small cap with the expectation for it to act like a blue chip everyday. If it doesn't act like a blue chip you will keep putting doubts on the company and spread you unfounded claims about "permit issues" "delay issues" etc. You try to scare away the few who are looking at the stock, but your comments are making them think twice. You will be surprised how many % of small cap investors actually look up Hotcopper and other forums for research before they buy.