SMY sally malay mining limited

my pick for now.

  1. 1,267 Posts.
    My last pick was WTP. It has run 20 % since posting on it 3 weeks ago. Im now out, waiting for a retrace . Its a value stock and its stretching its valuation above 80 in my opinion. Plus jus paid its divi.

    For a spec I think SMY is good buying at this level. This is its support which it has bounced off a number of times up to 80 cents and beyond. Plus Nickel production starts shortly, it receieevd probably the most positive write up in shares mag of the nickel juniors, has a very very large reserve.

    Personally im in with stops around the 64 cent mark, and expecting it to track toward $1.00 as Nickel production announced.
 
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