SHN 0.00% 1.4¢ sunshine metals limited

Ann: Seven Exciting Geophysical Targets near Highway-Reward, page-28

  1. 837 Posts.
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    Thank you, hate to be the negative nancy, was just going through companies and SHN caught my eye. They had some stellar results in the past and was curious as to why the sp would continuously dump back below 3c. I understand that converting at those prices adds kitty money but the market won't just sit there and allow it to happen without justification. There are a lot of cheap juniors, so one must be selective.

    It isnt' that the project dosn't look great, its that the bloated share structure looks to be creating a lot of headwinds. If they hit a good 50m at 30g/t I'm happy to be wrong and would prefer to pay a premium after those results on the knowledge that momentum has taken over. just my thoughts gl
 
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