SMM 0.00% 0.4¢ somerset minerals limited

pdn smm its a done deal, page-37

  1. 529 Posts.
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    Good call reddeer....I am relaxed, been a SMM
    holder for many years, and am enjoying watching
    the recovery in NZ$ already, from a low of $4.90
    this morning, now $5.40.

    I also am not as opposed as many posters to a PDN
    takeover, which effectively would be a kind of
    merger, as all the good things about Summit would
    remain in the larger group.

    Just issues like a fair price, and the Constance spinoff
    to be sorted. A lot of posters are calling for 9 to 10
    bucks, in anticipation of resource upgrades and the
    overturning of the "no new mines" policy.

    Yep, OK, perhaps we can get in to bed with PDN after that's resolved.
 
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