SVM – Sovereign Metals

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WOW what an IPO,

Applied but got knocked back, 6 applications from 6 different accounts all knocked back,

Managed to pick up 20k opies on the open at avg 15c

Shares: 40m +15m 20c 30/6/2010 opies

This stock is an ECH spin-off that holds all of its Qld Copper Gold tennements,

Tennements which surround the likes of Mt Isa, Cloncurry, Enrnest Henry and ROCKLANDS (Anyone remember AUM/CDU)

So its not surprising that the stock is being bought up like it is on the open…

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