GREY:SMBZF - Post by User
Post by
HeyIrishon Apr 21, 2013 9:51am
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Post# 21281746
Best guess
Best guess My shot in the dark quesstimate is we see SMB bounce to the .07 mark in the next week or two based on my belief the Dow situation will start to collapse and investors will flee back to gold. The increase for gold will lead the TSX-V higher and SMB will benefit from the over all improving health of the TSX-V. With the announcement of new financing (its got to happen soon) and the commencement of the 2D we will see SMB head back above ten cents. Upon completion of the 2D we go above fourteen cents and then with the announcement of a JV we go above thirty cents. All this should take place before Aug 1 2013. Then the company will announce drilling and the price will go to about .50. While waiting for drilling to start the price will drift downwards into the low twenties or high teens. When drill starts to turn the share price could go into the fifties. Then the big move up or down will happen depending on what the drill finds.
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All the above is just Kenya. Any of the other properties could escalate the share price much quicker.
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Cheers