Shamika 2 Gold, Inc. (fka SHMX)

[kimopro]

SHMX is cleaning their act IMO

They cleared the lawsuit in their updated report and also the problem with Cambodia. Now they paid their debenture...

Everyone is hush hush may be we will have a nice surprise afterall. They need to report about their tests in Cambodia and in Quebec canada...

Once the numbers are out then the company will have assets on the books for the value of the reserves...

The shares that were dumped that brought the share price to these levels are gone now and it was a buying opportunity for the ones that dared to buy some more IMO

The numbers are very thin on the ASK so it won't take much to see the 20 cents levels again in the short term...

Time will tell. But their website is getting updated regularly. They still need to bring out the results of the tests to move forward to a sustainable level. They also need to get out of the OTC to the NASDAQ to get it moving again. According to their filings there were 72 shareholders in April 2011.

Cheers