SMM 0.00% 0.4¢ somerset minerals limited

"a bit of luck helps a bit sometimes too!Never know.... Hughey...

  1. 2,661 Posts.
    lightbulb Created with Sketch. 89
    "a bit of luck helps a bit sometimes too!

    Never know.... Hughey might surprise all!!!"

    lets add to this "market perception"


    They have just raised a substantial amount so cash will not be a problem. Project 3000 is moving along, the next quart report will start to show if the grade is improving and costs decreasing. Should start to see some drilling results as well. These factors should increase the share price as investors "perceive" that the company is improving. I still think that this will be .20 by year end 08. However that does depend on copper holding above $US3.50ish, and providing that there is no global tank on equities. We are still in uncharted waters, most of my trades are short.

 
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