Watching SMD with interest. PMI manufacturing is stabilizing and manufacturing and factory orders should pick up in Jan Feb. Copper price generally runs from Jan to Aug with Seasonal Factors.. Mitchelmore down at Min Metals is very Bullish on Copper in 2016 with the majors cutting back supply.. Google article. SMD has well advanced drill targets set and ready for drilling. Could they possibly do a big farm out to a major with their 100% tenements to get some big free carried exploration dollars on the table.I would like to see them drill near surface targets again Blue Star and Lilymay to double Copper Resource of Barbara with better economics revenues and feasibility studies for their project moving forward. 200k tonnes plus.. Then there is the opportunity of big gold like Mount Remarkable check website.. 2016, could be a good year.. Maybe the story is just beginning...
SMD Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held
