i have been watching the recent recovery of SML share price....

i have been watching the recent recovery of SML share price. Seems to be relatively small but consistent volume levels, but nevertheless this is quite an illiquid stock.

The visible gold in SSDH040 at Sunnyside is the hole what we are waiting for an annoucement on. (Refer recent announcement (with no interest from the market might I add!! (only me:P) with 1.5mm visible gold!!) Perhaps we will also get assays from SSDH041 which was drilled closeby to the 040.

I am expecting a big high grade hit here. (recent 1mm visible gold @ SSDH038 achieved a grade of 406g/T)

A big hit here could send the SP rocketing!! (Is >1000g/T out of the question??)

I wonder how many more drill holes are required to increase their JORC resource. With a total of three drill rigs on site from March; the company shouldn't be too far away IMO. I'd be willling to speculate they'd wanna get this initial JORC update done prior to the snow season.

Gold price holding strongly at the $900USD/oz level. Gold bulls say the next stop is $1000.

Bring it on for GOLD and SML in 2008!!