Yea, those bitter holders. I am not surprised. We just need to take these weak hands out and one dollar here we come. Today's volume is the highest in SMC history, 26 times average! 2.65 million traded, the float is only 43.6 million. 6% float traded in one day! How many more shares do they have?
The CFO told me that it will be hard to finish the loan by new year's eve, but he is looking for some time in Jan. There are multiple banks interested in providing the loan. So they have choices. Remember, these banks wouldn't extend the bridge loan if they don't want to finalize the loan.
Denis can be reached at 416-860-0919 ext 242. Feel free to check out yourself.
They already spent 35 million and can pay back the 20 million loan in 6 months of production at the current gold price. Unless gold tanks now, it seems to be solid for me.
News 
Market Data 
Discover 
AI
