Company Review
SMI is the latest ASX listed, Mexican-based exploration company to come out of the Seckold stable. Readers may remember the very successful Bolnisi Gold, which was taken over by Couer d'Alene in 2008, at a price of around $900m. Bolnisi was developing the Palmarejo silver/gold mine, hosting 88.7 Moz of silver and 1 Moz of gold.