Opinions
Hap (Robert) Sneddon FCSI
Strategic Metals
SMD-X
COMMENT
Jul 08, 2010
Metals/mining sector is not the best place to be right now. This one looks like it's bucking the trend. Chart shows a decent uptrend and shows little “step-ups”. If it broke down through the current price, it would probably hold at $.50.
$0.580
Stock price when the opinion was issued
Mining
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
COMMENT
He is tempted to buy this because it is selling at a discount to the cash and securities in the company, and you get the assets for free. The thing that holds him back is that this has undergone a strategic change. At one point they were a prospect generator, using their acumen and other people’s money. As a consequence of them having so much money, they are now using their acumen and their own money, which is not a strategy that he is particularly enamoured with.
Mining
Advertising