How many companies would love the Barrick deal - 5 million ozs above 100 metres gives SMC 3,000,000 ozs in it's own right plus the depth considerations at no cost which is fruit for the sideboard. You need to learn something about mining before making such ridiculous statements girl. Fancy trying to put valuations on this stock based on present knowledge !! A fruitless and time wasting exercise unless you have radar vision. There is about 20 kms of undrilled epithermal veins carrying high grade gold -they have about 100,000 ozs proved above 100m with only a few hundred metres of veins tested -and they keep finding more high gade surface expressions -WHICH LIVE AT DEPTH. The upside at Woolgar is really huge -but exploration is exploration -there could be disappointments -but it sure as hell don't look that way.
We will see if your negativity charts pick this one or you are wrong again.
SMC Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held