smo breaking down Geez mate a little dribble upward and you reckon SM is breaking out. C'mon the sellers are outweighing the buyers every time you predict an upward move. Not that I wouldnt mind it but how about holding your sprukes until there is clear signs of an upward break. I aint seen one at any time in the last month or more, just persistent selling pressure every time we hit 10.5c
Should be interesting to see what the dopey directors are going to offer existing shareholders in the SPP. I am tipping it wont be anything like the offer they made to their financial institution friends and sophisticated punters SPP 10c with an attaching 18c option expiring in 06/06 or something that makes us all lokk terribly unsophisticated if we accept the issue. I hate this crap.
SMO
smc gold limited
