SSC Sultan corp One to watch

Discussion in 'Stocks & Derivatives' started by show-me-the-metal, Apr 26, 2011.

  1. show-me-the-metal

    show-me-the-metal New Member

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    Hi guys and girls. Keep an eye on ssc this week. Last time the buy sell figures were like this it went up 35% in a day. Some big announcements that are overdue and should be surfacing soon.

    There is a cr announced for mid may but as directors have large stakes in the company and share dilution will be not as bad with a higher share price. $4mill to be raised but peanuts when you look at the big picture.

    Mining to start at bathurst this year and drilling for gold results to also come soon. Land for this is adjacent to Newmont gold.

    DYOR
     
  2. Roswell Crash Survivor

    Roswell Crash Survivor Well-Known Member Silver Stacker

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    Care to disclose to your current holdings?
     
  3. show-me-the-metal

    show-me-the-metal New Member

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    1.4mil but probably buying more tomorrow.
     
  4. SilverSanchez

    SilverSanchez Active Member

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    Big volumes today for this one
     
  5. show-me-the-metal

    show-me-the-metal New Member

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    Lovely day, got another 300 thou at 3.5 dam lap top lost wifi on the way to the city as I was about to buy but luckily recovered in time to buy.
     
  6. show-me-the-metal

    show-me-the-metal New Member

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    beautiful move up today. Fingers crossed for an announcement soon and/or 5 cents :D:D:D:D:D
     
  7. SilverSanchez

    SilverSanchez Active Member

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    Show, I dont know anything about this stock what do they do what are their plans why are they moving up. I cant invest on a whim, or an opinion. Why do you like them?
     
  8. show-me-the-metal

    show-me-the-metal New Member

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    Hi Josjrichy, they have a lead copper zinc and silver mine in bathurst which should go into production by the end of the year. They have aquired a massive JORC mine in montnegro fo $120,000 euro that has 9.1 million tonnes of zinc, lead and copper. not high grade but close to surface. They also have land next door to newmont with high elevated gold strikes over a 10 km run.

    The price shot up to 4.1 cent on monday . This ann was made on tues morning

    http://www.hotcopper.com.au/asx_announcements.asp?id=297151

    The share got manipulated down over the next 2 days and is trading up again at the moment..


    Here is the other ann http://www.hotcopper.com.au/asx_announcements.asp?symid=2212
     
  9. BigBen

    BigBen New Member

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    hahaha,
    ahh another of these companies, enjoy the ride to riches,
    Then the flight down :)
     
  10. M85

    M85 New Member

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    Am I right to say you sound bearish?
     
  11. show-me-the-metal

    show-me-the-metal New Member

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    You obviously have not even had a look at this company so why comment?
     
  12. Ridesags

    Ridesags New Member

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    Thanks for the tip I will look in to it......
     

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