deltra
my definition of long term is anything over 6 months...lol.
As far as drilling updates from SIM go, you may have to look back through announcements.
I know they have very prospective tenements, but I tend to rely on charts for trading more than fundamentals and I was more than happy to ride that small break to the upside.
The market correction has sure put a spanner in the works and it may well pay to make some enquiries to SIM about planned drilling programs, if you are interested in this as an investment.
I would be happy to trade it again on technicals provided some market stability is reached - and who knows how long that will take.
I do think this is a good U play but with the current market sentiment only a good announcement is likely to drive this stock to any sustainable new levels.
Until then it's just a potential quick technical trade.
Cheers
SIM
scimitar resources limited
