This small wave down in the $HUI is almost done - about 5% more down to go. I'd expect a gap down tomorrow morning to finish it off. Then up up and away. However, this doesn't matter much to SMC, as it has a marble/concrete/bedrock floor under it, hehe. Nice to be in stocks like SMC, CXZ on days like today, eh?
Have a gander at the BTO.TO chart .. it's a screaming buy.
SMC - My plan is going to be to let the market take me out of SMC. I have all of my shares (250k) and I'm just going to go along for the ride. I see a "Pac-Man" game coming to the Jr Mining sector. The companies that have large workable projects at $800 gold will survive and will be taken out by the mid size and possibly the majors. Kinross and Yamana have announced that they are in the hunt.
Now we just need to find the next SMC!
Good Luck Guys!
THANKS cl001.....you ARE the man!!!! Thanks to Bobwins to for founding VMC and contributing awesome investing ideas!
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