Can SIM go any lower

[#1]

Its 30c past 12 month low! Is it time for a turn around? or do you think it will go lower! I know all resources are taking a beating, but it can carry on like this!

[#2]

Hey Matt, I see you are a student & apparently new at this "game" - If you didn't do any analysis on Simmers before you bought, then thi sis what happens. Simmers is a high risk mining operation IMO & their figures show this. Use it as an investment elevator at yr peril!!!

[#3]

Tanx Bruberi, i havent bought any yet! I know its a risky share! But they mine uranium, and uranium is a huge demand at moment and going to get bigger! There are currently 435 nuclear stations, and 64 that are planned to come online soon! but i was just asking! bad PE though, -26.81

[#4]

Matt - I agree on the Uranium score - I haven't done recent calcs on Sim but this price seems to place a negative (less than zero!!!) value on its gold mining operations. Also Uranium is still a fairly long shot (in terms of current market conditions) - but I recall many saying that Sim was a screaming buy at 400!! so ...........