on the move buyers lining up must be the coppe, page-4

I have two views on this.

(1) As a holder, good news is welcome. And price rises are welcome. So a sign that good news is imminent is, of course, positive. And we all but know that there will be good drill results, from outside of the existing resource, due any day.

(2) But, of course, if someone did know something not publicly known, and bought as a result, that is very dodgy.

Having said that, most of the trades in the last month have been around the 14/15 cent mark. It was only sold down to 11.5 with a small single last trade. This is perhaps unavoidable with illiquid juniors, but does mean that the price can be easily 'manipulated' up or down by those who may have an interest in doing so.

So on paper SMD is up over 50% today. But I view the rise are really being from 14/15 cents up to 18 cents - significant, but not really reflective of where they price really was.

looking forward to the drill results....

Y