daytrades may 3 morning ..., page-41

Reading this morning's business news with a bit of dismay. Suggest a new adjective, "Henryed", to describe a profitable mining company affected by the new tax.

Hopefully this won't affect our darling explorers - let's be honest - we trade them for their potential, and fully expect 9 out of 10 to never achieve production and profitablility. However, the mood of the day is still down.

Amazing to read GGP's merger proposal - they suggest it will add 1.9c/s of value. That puts it at 5.3c - nice, but not close to the highs when VIL and GGP were flying a few months ago.

SSN's dilution is less than 10% - looking for a pullback later today or tomorrow.