Sotkamo Silver catches fire

After very little interest on the first day of trading yesterday for the first entrant into Helsinki Stock Exchange in quite some time, retail investors heard of Sotkamo Silver (NGM: SOSI; OMXH: SOSI1) and have bid up the price by 50% on Wednesday action without any particular news from the company to speak off. It appears that recent bad press for other mining firms and a poorly conducted share issue that failed to reach its goal have not completely stopped investors’ interest in the sector. This should bode well for the future financing needs of the company, if management is able to get it right next time.