SUM 2.70% 19.0¢ summit minerals limited

SUMO, page-100

  1. 34 Posts.
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    The oppies are still a great buy. The time to expiry is 15 months so there is still great value in the time constant. If you take into account that the option is already in the money they are cheap. Depending on outcomes of drill results my strategy would be to offload a percentage sometime in the future to bank profits, but also to plan to convert to shares for long term growth. Great position to be in currently but of course things can go the other way which they so often do in exploration. My only wisdom learnt after all these years is when exponential profits are made in a short period of time bank some of them!
 
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