Hi Tony, I do agree with you, the ann by the ex-Ceo was a bit of a joke... what was the point of posting that?? I actually called them to ask if it was a typo!!
Anyhow, I understand the frustration you must feel about this stock. For me its a simple waiting game, they are producing and have moved into the cash flow positive area so atleast risk is being minimised to some extent.
To be honest the double top your talking about I was hoping was due to the correction and the end of year period. A lot of stocks have retraced back to some extent and I was/am hoping to see SMO do the same in the near future. However I have noticed that when a company goes through a major board restructure investors take their time (being cautious) before jumping back in.. this could slow SMO down for a while.
But as long as they are producing and making the cash... sp should move.
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Hi Tony, I do agree with you, the ann by the ex-Ceo was a bit of...
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Currently unlisted public company.
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
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