SMY sally malay mining limited

Thanks for info above.Price looking fairly strong recently....

  1. 627 Posts.
    Thanks for info above.

    Price looking fairly strong recently. Resistance has been around 30 over the 6 weeks so if it get through that might be a good move to come. As posts above suggest some good news possible in the short term. They are hoping to select funding option by March. Last time I talked to company they confirmed they were in talks with THX and also others who they would not name.

    Also they are drilling the Sally Malay deeps (below exisitng defined resource) Q2 and if that finds the 1-2 Mill tonnes they are hoping for the reckon it would double the present of around 60 cents a share to around 120 cents a share.

    I hold

    Cheers
    hots
 
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Currently unlisted public company.

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