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Author Topic: Smash Minerals Corp. (TSX VENTURE:SSH.V )  (Read 6231 times)
mickymoose99
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« on: September 04, 2011, 09:15:00 AM »

Smash Minerals Corp. (TSX VENTURE:SSH )

 

Adding SSH.V To My Portfolio

 

Smash Minerals Corp. is a junior exploration company undertaking gold exploration in the Yukon Territory, Canada. Smash was listed on the TSX Venture Exchange in April 2011 and its common shares trade under the symbol "SSH". Smash is headed by Adrian Fleming, formerly of Underworld Resources, which made a significant new gold discovery in the Yukon Territory, Canada in 2008 in what has now become known as the White Gold District. Drilling in 2009 by Underworld significantly expanded this discovery at “Golden Saddle” to over 1 million ounces and in early 2010 Underworld was acquired by Kinross Gold.

 

SSH.V-Been Seeing Some Positive Movement Over The Last Week, Went From 0.90 To a High On Friday 9/2/2011 @ 1.16

RSI Is Bullish @ 52.26

Broke Resistance @ 0.98 ( MA20 ) and @ 1.12 ( MA50 ) During This Period. IMO Could Test The Next Resistance @ 1.19

MAC D Shelving Up

Charts Are Showing Positive Signals For This Uptrend To Continue

 

Check Out The Chart Link - http://bit.ly/mRPCrm

 

Check Out SSH.V Latest News Release  http://yhoo.it/qI81WE

 

In late March 2011, Smash completed a C$6.4m Initial Public Offering. Smash's common shares commenced trading on the TSX Venture Exchange on April 4, 2011 under the symbol "SSH". On August 4, 2011 Smash closed a private placement which raised $7.75 million. The Company is now in a strong position to complete the 2011 exploration program and to fund continued exploration in 2012.

 

The following table sets out the capital structure of the Company as of August 16, 2011:

 



 



DESCRIPTION

SHARES



Issued Common Shares


23,876,390




Share Purchase Options ($0.80 / Share Strike Price)

2,040,000



Share Purchase Options ($1.20 / Share Strike Price)

474,578




TOTAL - FULLY DILUTED

26,390,968




Cash on hand is $8,985,568.




 

 Q & A with Smash Minerals CEO  http://bit.ly/pS7cUd

 

 

Fact Sheet - http://www.smashminerals.com/assets/Uploads/SmashFactSheet.pdf

 

 

For More Information Visit Their Website @ www.smashminerals.com

 

Any Feedback Appreciated.

 

All my posts and picks are purely my opinion. Use your own buy and sell signals and never invest in a stock you can not afford to lose money on.
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