SMM 0.00% 0.4¢ somerset minerals limited

Ann: Quarterly Activities Report - June 2021, page-4

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  1. 339 Posts.
    lightbulb Created with Sketch. 161
    Bought some a month or two back. May grab some more before these assays land. Brilliant opportunity I think

    the VG is a great sign, or addition, I’m very intrigued. Is it 8 holes the company are waiting on ? You just have to look at the historic grades drilled here to see what kind of potential this project holds
    4.45m@40g/t
    2.9m@26g/t
    12m@33g/t incl 0.95m@331g/t
    5m@54g/t incl 0.5m@444g/t
    5m@71g/t

    with $1m in the bank I can see a CR in the not too distant future. And this is fine, the normal process for most junior exploration companies to advance their project. Let’s hope these assays can bring some strong sentiment back and those future raises can be made at more favourable rates.

    GLA
 
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