SUM 4.35% 24.0¢ summit minerals limited

SUM Chart, page-1547

  1. 10,646 Posts.
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    I prefer a weekly chart to gauge sentiment - SUM weekly is in strong upturn, the recent 'pump and dump' only gave it a bit of impetus.

    Volume however is declining week by week and that may be a concern - some say that means sellers are exhausting - maybe, but if a third leg up got traction it could carry us to a dollar.

    We must remember this is a unique play - never been done before that Nb and Ta are to be harvested from pegmatites (to my knowledge). Also I've never seen a Company Man like Sandro doing his thing quite like he does.
    And they are moving fast to already have bulk samples collected - now soon we will get a definitive assay more reliable than random chips.

    It looks to me that certain representative pegmatites have been selected for first blush inspection (there has not been time to bulk sample pegs across the kilometers of tenement).
    I really like that - its a bit like the clowns in the circus (with respect of course) who have to keep their act going, or peeps will watch the traipse artists instead, or the lions.

    GL all.
 
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