SMM 20.0% 0.4¢ somerset minerals limited

spp ideas, page-24

  1. 175 Posts.
    Hi Proofreeder!
    Great to see you still posting but have noticed you have cut back significantly ?
    You remember my clincher ?
    I have been involved in numerous SPP's , renounceable and non renounceable rights issues etc.
    Mostly when SP's were advancing strongly.
    With the exception of the first couple of times, i have not participated since with any of them.{very itchy trigger finger on my sell button in fact has served me well in the past}
    Often bought back into good companies after their placements at below SPP price.
    I guess that makes me a bit of a traitor to the coy, but then I'm not in this game to please the coy.
    Though I cant say what might happen here since the conditions are somewhat different, ie mine were in uptrends in a bull market.
    Different situation here! DYOR

    Interesting timing with some good news?
    I am personally very bullish on copper !
    Hmmmm

    Sorry I missed the op to comment on some previous discussions . I was a bit busy with other things.
    Might have to pull something from the archives once the excitement dies down a bit.{wow IOre}

    I sincerly wish all investors and traders much success!

    My opinion - A clear break of .16 close with volume might look bullish but a bit uncertain now if traders jump in.
    The Pro traders still doing my head in!
    Watching / Learning for me
    wouldnt want to fall into a directors hole again either


    cheers
    I.C
 
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