I just mentioned what I read from the Marcus Padley report that an analyst from Eagle Equity mentioned a rumour circulating that INCO maybe looking at SMY at the moment. It will be good if it a takeover happens, if not SMY is still cheap by any standards and that the price should have a steady increase from here on.
There are other good reports on SMY circulating as to the potential of SMY and it should be on everyones portfolio of good long term stocks to hold.
The Royal Bak of Canada also has a great report out and that has brought international attention to SMY
Patience people all good from here.
SMY Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held