For those interestedMarcus Padley had in his Dec report that...

For those interested

Marcus Padley had in his Dec report that Eagle Equity
pointed out that SMY will be earning close to its market capitalisation figure gor 2007 if Nickel prices don't fall
from the price in Dec. ( Nickel has since gone up which is great news)
Eagle Equity also noted that, if nickel holds up at their Dec prices SMY will be on a PE of 1x
Also mentioned is INCO rumoured to be looking at SMY and if it made a bid at twice the Dec share price it will be getting SMY at a PE of just 2x.....WOW
That estimate a price bid of approx $4.00 on a Pe of 2

Nice report