With a weak gold price I dont think the SP will be moving up in the short term. The market conditions are bad for small explorers like SML. However, if management reach their target of establishing a gold mine producing 100,000oz for 10 years then we will all be laughing (if you dont sell out). I think things will start to pick up towards the end of the year. May be a good time to buy in, however I think it could fall a little lower if we dont hear some positive announcements.
SML Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
