If you think that SMM is taking a rest, then you better think...

If you think that SMM is taking a rest, then you better think again.

Under the highly skilled leadership of Eggers, three recurrent events will take place:

1. Drilling results will continue to come in.

2. A Jorc Resource Assessment will take place.

3. Uranium prices continue to rise with US$3 in the last month alone.

You have seen what happened to the BSG price lately because it is being picked at a late stage by others outside H/C. Do you want to wait for the same thing to happen to SMM?

True, there is no approval to mine as yet although the pressure increases by the month. At the moment, SMM is at give-away prices IMHO.

The drilling reports and price increases make SMM a very attractive option with one Analyst assessing the NPV at $A3.65, but selling at $1.20.

Gerry
Readers, please do your own research and you decide if and when to buy, hold or sell any stocks or metals/commodities.