I agree, who else would invest after they completely turned around from actually mining - due to start early this year and put off to increase to potential mining resource - yes remember they were going to go ahead and install an on-site processing plant - all was due to begin production end of 2015 ? Then suddenly the mining life decreased from 7+ years to 21 months and no mention of an on-site plant instead shipment to Mt.Isa which was too expensive .... I think CopperChem pulled the plug and hopes to keep this as a future resource to mine which commodity prices increase.
SMD Price at posting:
0.5¢ Sentiment: None Disclosure: Held
