SSC 0.00% 1.1¢ sultan corporation limited

the sultan is about to swing, page-8

  1. 1,286 Posts.
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    newtrader,

    i have been screaming at all to load up on these when they tanked to .5

    the amazing thing is it tanked after the acquisition of montenegro which is a rather large zinc, lead silver and copper deposit which ssc paid peanuts for.

    The deposit has been mined in the past and infrastucture is already in place. The government is anxious to get this mine into operation so who is gonna stop it???

    Monty is 20 times bigger than the mine in peelwood near bathurst of which everyone was anxiously waiting on for mine production to begin, 80% of formalities completed. Hopefully mine permit will be granted soonish. these guys are slow but when an announcement is released its a good
    one.

    I have no doubt it will retreat a bit as daytraders are all over it now.

    But at the end of the day. where are you gonna find a company with potentialy 2 mines beginning operation this year for 2.5cents???
 
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Currently unlisted public company.

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