wouldn't surprise to see a continuation of today's upward move continue in the morning, the higher than average volume is likely to show up in a lot of the overnight scan programs.
good to see a couple of decent size buy orders go through today, indicates that the broader market is starting to take notice of the exploration upside SMD provides.
if the company continue to churn out results such as the 23.5% copper as announced this morning it won't be long before some of the bigger players in Mt Isa start to look over the fence at SMD who could be a takeover target by the likes of Xstrata who is constantly looking for ore for their operations.
SMD Price at posting:
19.4¢ Sentiment: LT Buy Disclosure: Held
