Hard to beat the run of announcements that we've had over the last six to eight months. Having said that, SMY look to me to be one of the most solid nickel stocks going around. Current nickel prices may drop off, but with Copernicus not too far away and the possibility of being a precious metals producer in the near future, I think they're worth hanging on to. Seems to be in a good consolidation stage atm. Be interesting to see how the rising aussie dollar effects their profit forcasts. Still more to come from SMY I believe. Any chartists out there able to give me a technical view?
SMY Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held