SMO smc gold limited

high bid unrelated to futures etc, page-4

  1. 10,973 Posts.
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    Does not make sense, except that with all the purchases and everything else, that most of these transaction involved issuing shares. I presume that some of these holders have been cashing in their chips. On the 20th the last of the 15mill is coming out of escrow and from then on no more shares on escrow so holders can sell at will. Whether this was done or not I don't know except that the perception is there that they will and that is enough for the shares to be sold down.

    Apart from all this, I agree it is a screaming buy. Been holding through the pain. 22% copper and gold and silver to boot.
 
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Currently unlisted public company.

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