Some news today of the recommencement of drilling would be perfect timing imo. This will be starting to appear on many radars. Those who don't know about it yet should quickly realise the amazing upside opportunity that presents here at current prices. This is currently priced as an insignificant explorer when in fact it is endowed with real high grade very wide shallow copper hits and a clear path to mining within 6 months with a quality totally equipped JV partner. Very different to others at double/triple MC who have nothing but rock chips and conductors and running on pure hope. I think SMD will find much more copper here. Also I wouldn't rule out a substantial gold discovery within these leases. I think I read something in their reports regarding gold but in years gone by I have personally done a lot of exploration work in this highly mineralised precinct. Also personally partly owned and operated a hard rock gold mine in the region with grades up to over 4000 grams per tonne in super rich pods. Nothing will surprise me here.
SMD Price at posting:
5.6¢ Sentiment: Buy Disclosure: Held
