SMM 0.00% 0.4¢ somerset minerals limited

well actually Rockme is right. Whether its undervalued,...

  1. 259 Posts.
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    well actually Rockme is right. Whether its undervalued, overvalued, being capped, full of day-traders, "weak hands" or whatever garbage you read on these forums the one true fact is that you can only sell for what the market is willing to pay at that point in time. As of yesterday at 4pm that price was 27c. Cant get much more black and white than that. In the future it might be more, might be less but the fact will still remain that you can only sell for what someone else is willing to pay. By the way the price is still double what it was 4 months ago.
    I am interested though Rockme - your disclosure says you hold but you quite clearly dont see any value or potantial in this. Have you just not updated it?
    For what its worth, I think yesterday we lost people who were in for the quick buck - the punters mostly. As far as gold spec's go i'm really comfortable with it and will stick around to see if the higher grade areas produce.
 
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