re: for acturtle-smc/barrick geophysical results
ACT
The price movement on SMC has not been unusual from my perspective. People either do not read or do not understand the previous ASX report by SMC outlining the results of geophysical work -which when tied to the geology must bring to bear a lot more anticipation of deep drilling results -and hence punters punting that this will be huge. Initial Barrick deep drilling may be a fizzer -then watch the share price retreat !! I don't need a chart to tell me that outcome.
But over the longer term I reckon Sandy Ck will produce the goods -another Vera Nancy. Just how everyone plays the share game in the meantime is much like VCR with it's heart machines !!
SMC Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held