re: smy ready for take-off/takeover!
That was some announcement by THX.
I think in the wash up it is good for SMY, as there is now some very serious money exploring the prospects around SMY's mill. Surely there will be some more sigificant discoveries with that kind of money available.
Of course, if you are LIonore, don't you then buy the company with the mill (SMY)? Seems to me like I might have to be the first to start a takeover rumour - it would make sense for Lionore to take them out.
SMY looks to be going up!
Why spend all that money exploring if they don't get ALL the profits.
SMY Price at posting:
0.0¢ Sentiment: None Disclosure: Held