The last two days have been tough for SSC holders.. Especially...

The last two days have been tough for SSC holders.. Especially those who believe in the company and the projects..

After pulling out my hair for the past 48 hours I have decided to take stock of the current position and why I have been buying this stock from 1c to 4c ..

- Company on track to actually turn Peelwood into a producing mine (far superior to most small cap explorers)and potential of take over offer for this project

- Monty potential for huge resource increase once drilling starts from 7-9mt estimates of historical data on a portion of the project..

- Lot of rumour of a wildcard project acquisition or project being backed into the company.. even mention of potash ..


Whats changed ..

Monty is now a JORC resource and moving to BFS with further expansion via drilling campaign..

UBS has decided to invest as a substanial holder

Someone else wants in and is shaking out small holders

Large retrace, gaps filled, chart remains bullish if 2.7c remains


Conclusions -

Substanially better value buying than a week ago
More news flows still expected (dont believe news holders or I was waiting on was for Monty)
Time to take stock at 2.7c


All imo.. good luck to all..