SUM 4.35% 24.0¢ summit minerals limited

don't really understand why people are salty about this?...

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  1. 574 Posts.
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    don't really understand why people are salty about this? everyone understands it's rock chips.. and picking up select chips is not going to be reflective of core samples or an eventual resource.. this is running because even after the recent rise, and cap raise, it's under 30m mcap.. it's not like it's run to hundreds of millions on chip samples? look at the market cap?! it's ridiculous. if the surface samples can give some idea of strike lengths then sure, that is more telling, but for now I don't see why we should be that surprised by the current share price?
    to me, they've found some amazing looking samples, the geo has taken some photos, and they've sent them off for the usual assays, and then the results get announced.. am I missing something? seems normal to me. coming off a stupid low market cap and having so few shares on issue is just what people seem to be missing..
 
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