SIM scimitar resources limited

jack64,If you go through past anns you will find a map which...

  1. 2,988 Posts.
    jack64,

    If you go through past anns you will find a map which shows the distribution of tenements.

    They have land next door to Beverley and another tenement wrapped around the southern side of the MTN Mt Gee tenement.

    They also have two other large tenements several Kms south/west of the Beverley and MTN tenements.

    This is why I think SIM have great potential. These prospects may turn out to have little with MTN and Beverley having picked the best land, or it may be that SIM have an even bigger resource than Beverley if they are at the end of the geological feature where the really high grade U is found. The same goes for the tenement about Mt Gee.

    Only one of these area has to come up trumps for SIM to re-rate to several dollars over a few months. It may not happen - if it were a dead-cert then the stock would be $5-$10 already.

    If they hit a decent resource with drilling watch the money pile in as people don't want to miss the next Marathon!

    Interesting times - better to be in on the ground floor while it remains below $1.50
 
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