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VanEck Semiconductor ETF V.SMH


Primary Symbol: SMH

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS US Listed Semiconductor 25 Index.


NDAQ:SMH - Post by User

Comment by stick2factson Nov 10, 2010 4:12pm
254 Views
Post# 17688783

drilling

drillingThe news release lists numerous types of work that are items that should be done and reviewed before the drill targets are picked by a competent exploration company. It is impossible for SMH to complete the work described and have the results completed and reported back to them before the end of this month.

This means that SMH will either not start drilling before the end on November, or worse, will start drilling before having the proper information that should be used to determine the actual drill plan.

This appears to be a news release issued so that DB can stand at the AGM and say SMH is drilling to diffuse some of the heat they are getting.
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