smy - more ni found, page-2

Hi Chas,

Massive sulphides generally mean the resource is large but the grade is average...1-3%. Which is basically what sally are targetting anyway. Ive been revisiting this company last couple days, and i was negative on it before but starting to change my view on it. Not holding as yet though, IGO seems the better nickel stock, but i may add SMY to my holdings soon.

Only problem with todays announcement is that at that depth, they probably want a higher grade as the costs will be quite high. But if they get to the upper range, ie 2.5-3%, should be ok.

Cheers

Cdchi1