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Online Share Trading

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Whats up with this share ?? dropping big time

Reply
Thombo
Contributor
Hi - whats up with Simmers- it has lost around 40% in the last few weeks , I saw some bad news around First uranium which affected this one but it is really sinking like a lead ballon , is there anything else worth knowing about this one that somone knows - please let me know. Thanks
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2 REPLIES 2
swordfish
Frequent Contributor
more sellers then buyers,a lot more sellers.
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Not applicable
Simmers entire value proposition was based on First Uranium's success. The idea was that the uranium mined would be used as a subsidy for gold production costs - no uranium = crazy high gold mining costs = no profit. What more do you expect from a company that doesn't make money?
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