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Message: Re: SFMI pps keeps dropping
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Jul 16, 2010 08:00PM

The power of the MMs is vastly overrated (as is their participation in every instance when one of your particluar stocks goes down- "your" meaning everyone, and not just you, Garick). The fact is that the sp of a stock will tend to drift down if there is no news to drive the price. The only two PRs in the last month have been about a new guy on the BOD (not exactly earthshaking) and the milling rate- but that PR didn't include total production or amounts of revenue or grades, so it was also a non-event. Add to this the general summer doldrums and the fact that mining stocks in general have been down. We'll see some action in the share price when we get news about grades and revenue. If the news is anywhere near as good as expected, the action will be up.


Jul 17, 2010 01:45PM
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