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SBM - St Barbara Limited

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Re: SBM - St. Barbara Mines

If SBM goes any lower it will be a great buying opportunity...

EVERYBODY right now seems to be bullish on gold, and i dont mean average joes, but economists and analysists and people in the know...

SBM has 3 very positive signs right now:
1) instos buying: these guys have heaps of resources and buy into companies based on research
2) share buy-back: the company thinks its own shares are a good investment plus its a great way to lift eps
3) directors and chairman buying: insiders know the company best

im looking to accumulate this one at these sub-50s levels...

whether sbm is a good buy right now isnt even debatable...
 
Re: SBM - St. Barbara Mines

Nizar you better start accumulating SBM .46c and going down faster than the TITANIC :swear:
nizar said:
If SBM goes any lower it will be a great buying opportunity...

EVERYBODY right now seems to be bullish on gold, and i dont mean average joes, but economists and analysists and people in the know...

SBM has 3 very positive signs right now:
1) instos buying: these guys have heaps of resources and buy into companies based on research
2) share buy-back: the company thinks its own shares are a good investment plus its a great way to lift eps
3) directors and chairman buying: insiders know the company best

im looking to accumulate this one at these sub-50s levels...

whether sbm is a good buy right now isnt even debatable...
Click to expand...
 
Re: SBM - St. Barbara Mines

I think we are looking at an a,b,c retracement now.

This chart were posted on another forum awhile back and is a
few days/weeks old but it should give an idea of the possible
EW count in progress. (I will try to post an up to date chart later).

sbm011006_196.gif


GTA - arco
 
Re: SBM - St. Barbara Mines

MalteseBull said:
sell out of Gold!!!

SBM taking another hammering!!
Click to expand...

I really don't think it's worth panicking about. Gold will recover. SBM will definately recover.

You talking it down to buy in? :)
 
Re: SBM - St. Barbara Mines

Heres the updated chart as promised..........

GTA - arco
 

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Re: SBM - St. Barbara Mines

arco said:
Heres the updated chart as promised..........

GTA - arco
Click to expand...

thx for that but can u plz explain what it means...

are u saying sbm sp will fall btw 38-45 ??
 
Re: SBM - St. Barbara Mines

Hello Nizar

Yes that is a possibility IMO.

The up trend line is the first place to watch for
possible support and a reversal signal.

SBM has had a long run north, and nothing
can rise vertically forever. There will always be
periods where the action pauses to take a breather..

regards - arco
 
Re: SBM - St. Barbara Mines

crackaton said:
Time to bail from all gold, tonite will be slaughter time.
Click to expand...

Ok enough...
If you are going to make these kind of statements, then at least be courteous enough to give a reason for your conclusions...

Please explain why gold is going to get slaughtered when all creditable commentators seem to think otherwise.
Are you talking about a short term correction or a long term reduction in gold prices affecting the sector?
 
Re: SBM - St. Barbara Mines

crackaton said:
Time to bail from all gold, tonite will be slaughter time.
Click to expand...

This is just the type of post you get on some other forums.Absolutely no meaning whatsoever.It amazes me how these people think they can influence prices for their own benefit.

Crackton, at least try and give some reason why you thought Gold would get "slaughtered" last night.It has risen a fair bit by the way ................Oh but you'll know that.:angry:
 
Re: SBM - St. Barbara Mines

crackaton said:
Time to bail from all gold, tonite will be slaughter time.
Click to expand...

Slaughter postponed!

Tonights intraday:
 

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Re: SBM - St. Barbara Mines

Hands up who bought..I did..buy in the dips I said the directors bought right and I thought Gold will bounce..most got caught and thought the downtrend started..I thought this is not so why....too much turmoil in the world...and CHINA holds the key.....gold will surprise..quote by wall street...anyway....looks like Chicken picked it right....GOLD UP..SBM UP...and wait we should have some Nickel results soon....looks as if we are going north again after all will try and win the share price competition this months..company bought more shares back....interesting I thought...... :2twocents
 
Re: SBM - St. Barbara Mines

OK chook. you keep your head today. lol

Hope no one panicked the last few days and sold.

Check out BGF as well holding nicely and MMN might pull something out of their behind soon.. (hopefully)
 
Re: SBM - St. Barbara Mines

crackaton said:
Hope no one panicked the last few days and sold.
Click to expand...

Are you serious?
All of your last posts suggest SBM should be sold - and in a hurry, even though you have given no credible reason for your opinion.

Make your mind up and keep this kind of rubbish to other forums.
Is it just me, or do these kind of meaningless kind of posts irritate the hell out of everyone?
I'll get off my soapbox now.
Thanks
 
Re: SBM - St. Barbara Mines

BraceFace said:
Is it just me, or do these kind of meaningless kind of posts irritate the hell out of everyone?
Click to expand...

They certainly irritate me and I have had a word to crackaton about it.
 
Re: SBM - St. Barbara Mines

crackaton said:
OK chook. you keep your head today. lol

Hope no one panicked the last few days and sold.

Check out BGF as well holding nicely and MMN might pull something out of their behind soon.. (hopefully)
Click to expand...
keep my head...read my post and you may learn something...SBM is going higher yet..right....70cents next stop......believe it the chart tells me that. :2twocents
 
Re: SBM - St. Barbara Mines

crackaton said:
OK chook. you keep your head today. lol

Hope no one panicked the last few days and sold.

Check out BGF as well holding nicely and MMN might pull something out of their behind soon.. (hopefully)
Click to expand...

this seems to contradict with your earlier postings. really, if you dont stand fall anything, then you'll probably fall for everything. :D

despite the recent pullback/correction, i still see gold as bullish in the longer run.

:2twocents
 
Re: SBM - St. Barbara Mines

chicken said:
go to www.gold-eagle.com Gold will range at present but read what they say..advisers are still on the positive side....up and down like a saw tooth... :2twocents
Click to expand...
Noticed the sp is starting to track positive...production this year is over 170000 ozs of Gold..and we should see 50c+ tomorrow as the Gold price is in positive territory...next stop 60c....this is great stock and I still like to know who bought those 95million shares at 50.5 cents...directors bought shares at 52cents...so we will see better prices yet see what is said on www.gold-eagle.com Colin Twgg of incredible charts posted Gold had formed a double bottom...now heading to $575 US...next target.... :D
 

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