SMM 0.00% 0.4¢ somerset minerals limited

heading much lower, page-22

  1. 203 Posts.
    For every share being sold, that very share is being bought by someone else.

    Opportunities knock. I would like to see back to this period in time, say 6-12 months from now, and wonder why it all happened. Not just to TMR but to a lot of other shares.

    I can understand if you need to borrow 500m like Centro by Friday this week, and have problems finding the money, because the liquidity of credit is being squeezed very tight. I can understand the same thing happening to RHG and their poor timing to be on the market.

    Right now though, lots of downward price movement is taking place in an exhuburantly irrational way. How can UGL go down 25% in a day because it is earning more? Or Cochlear a similar but not so drastic way?

    Surely being listed on the TSX is a plus and a reassurance that this company is not going to fade away but remain focussed on their targets. Soon there will be reports to read as spoken of on recent Boardroom Radio interviews. So there is much to be looking forward to. March time, new mill equipment to boost mining production- earnings....

    mmmmm I think opportunity is knocking.

    DYOR

 
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