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  1. #1
    Legend
    Join Date
    Dec 2009
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    Default Santana Minerals SMI - The next large Otago Macraes Gold Deposit ?

    Looks like a large & growing GOLD prospect down in Bendigo/Ophir - Otago

    not far from Macraes mine either

    just one of a number of projects in Santana's fold

    Both Founding Geologists / Directors of the NZ Company are on the Santana Board
    & appear to have a lengthy experience in the game


    Bid/Offer A$0.26


    Trading Halt for Investor Presentation today

    Link to Presentation on ASX:

    https://cdn-api.markitdigital.com/ap...df02a206a39ff4


    Further detail & coverage was in the recent Annual Report


    Thoughts anyone ?

  2. #2
    percy
    Join Date
    Oct 2009
    Location
    christchurch
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    17,222

    Default

    Read this week's www.chrisslee.co.nz newsletter Taking stock.

  3. #3
    Legend
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    Default

    Quote Originally Posted by percy View Post
    Read this week's www.chrisslee.co.nz newsletter Taking stock.

    Thanks Percy - interesting article from Chris Lee

  4. #4
    Member
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    Jun 2012
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    441

    Default

    Quote Originally Posted by nztx View Post
    Thanks Percy - interesting article from Chris Lee
    Expert on everything including penny dreadfuls now. Talking his book as usual.

  5. #5
    Legend
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    Quote Originally Posted by Lola View Post
    Expert on everything including penny dreadfuls now. Talking his book as usual.

    Really ? .. and what have you missed ?

  6. #6
    Legend
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    Dec 2009
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    Default

    Seems to be up 23% in the current month, after the mid month announcement
    and after a Cap Raise ..

  7. #7
    Advanced Member
    Join Date
    Jul 2000
    Location
    Masterton, , NZ.
    Posts
    2,250

    Default

    Quote Originally Posted by Lola View Post
    Expert on everything including penny dreadfuls now. Talking his book as usual.
    His book is a good read and SMI is hardly in the penny dreadful class now.

  8. #8
    Senior Member
    Join Date
    Feb 2004
    Location
    Wellington, , New Zealand.
    Posts
    755

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    Quote Originally Posted by tim23 View Post
    His book is a good read and SMI is hardly in the penny dreadful class now.
    Yea, I listened to him at bought a parcel at 22.6c, Up 40% in barely a week.

  9. #9
    Member
    Join Date
    Jun 2012
    Posts
    441

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    Quote Originally Posted by clearasmud View Post
    Yea, I listened to him at bought a parcel at 22.6c, Up 40% in barely a week.
    Pure speculation
    Most will be dead before they get any approvals to mine
    This is NZ not Aussie

  10. #10
    Member
    Join Date
    Jun 2012
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    441

    Default

    Quote Originally Posted by tim23 View Post
    His book is a good read and SMI is hardly in the penny dreadful class now.
    Agree that book is not bad. Took me a while to find it as I was looking in the Non Fiction section but found it in the Fiction department. Title should be " Hindsight Is a Wonderful Thing".

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