RE: Why SMF is up today?
SMF should be trading up for the next couple of months. There are too many reasons for it to be trading at $15 versus reasons why it should be trading at $10.00 I called a price near $11 by month end and $10.50 is near $11 but this should clear $11.00 in no time.
300,000 from Mana alone. Add Niger and Guinea and it should get you up near 400,000ozs.
In 16 months this wil be $20.00 so if anyone wants to take a decent size position they better do it now.
For those who planned to sell at $9 and held instead, good move.
Wes