putting 2 and 2 togetherSMI has been a great ride from $0.15 to $0.80 and from the price action it has more upside left in it as the GXS drill program gets going.
However, there is something no one seems to have noticed. Mike Elston the president of SMI is also the president of another company called Cougar Minerals. This company trades on the CNQ exchange under the symbol COUG.
It would seem to me that if Mr. Elston were to put some of his new found credibility and wealth into promoting COUG it should be an easy ride up to the $0.60 or $0.70 range which is a triple from here.
They are about to drill for oil in Alberta and they recently announced some coal permits in Saskatchewan....both of which are very promotable The price broke out today on decent volume which is a good indicator something is about to happen.
GLTA