Hi Infidel,
I had looked at SMD before and liked the potential. Also noted that one Peter Langworthy was SMD's chairman at the October 16 AGM. I presume he is the same PL who is on the CMM board. Not unusual to be on multiple boards so just an observation.
W's, pennants, cup and saucers etc make Tech analysis as jargonistic as Fundamentals. Lot to learn about both approaches to the market.
Will be good if the W finishes and goes up for CMM.
The market seems to have largely discounted the results of the drilling program that have been released so far. They have been solid but not perceived as 'wow' IMO. Still a lot of results to come so always hope for some surprise higher grades and/or widths.
IMO there is likely to be significant growth to the Bibra deposit particularly along the southern corridor and locally in the stacked 'horizons' that are showing up in the footwall and hanging wall. Will make the DFS interesting reading.
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