SIM scimitar resources limited

buyers tip toe in

  1. sydneysider
    4,838 Posts.
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    01/11/06
    15:08
    Post #: 1896261
    SIM has a very strong chart pattern. Average Daily volume is only 82,000 shares per day and stock is difficult to accumulate. A number of bidders have now stepped in at 47,48,49 with all sales at 50 to-day. This one could very easily blow. I understand that rumors indicate that SIM has been approached by overseas miners for JV terms on their holdings around Beverly but were knocked back by management. These leases are "hot".
    SIM Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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