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BMB - Balamara Resources

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Re: SSC - Sultan Corporation

Another GOOD day for ssc, up another 9.3./. with around 14mil turnover! maybee the high zinc ann has something to do with that? whats the GOS? Someone is in the know.
 
Re: SSC - Sultan Corporation

Indeed a good day had by SSC, since i have been watching this it seems to be on a good upwards trend. I'm definitely holding on to this one.
 
Re: SSC - Sultan Corporation

There is an ann that Bluebone has ceased to be a substantial holder. Is there any implication here? I mean maybe they have some sort of sources knowing what has been happening in the company therefore decided to exit?

Thanks.
 
Re: SSC - Sultan Corporation

No no I dont think that there is any special news or anything. They just decided to opt out, the prolyl already made a big profit on it. But there is still much more to be had.

Stocks down a bit today just like to whole market, I can really see it bounce back to the high 4's next week or when the market sentriment turns around.

With a really good ann out a few days ago.
 
Re: SSC - Sultan Corporation



Looks like there was a black hammer candle formation on the 8th of June, which can indicate a bottom reversal pattern and it was followed by higher trading subsequently on the next day of trade (albeit a little higher), and looks to be a rickshaw man doji on the 12th which can be a good sign as well, it can be the start of a trend forming as the doji indicated equilibrium between buyers and sellers. No doubt the poor market has had its effect on SSC, but it will have its day again soon, with a good ann out last week helping it test a new high.
 
Re: SSC - Sultan Corporation

seems like some substantial holder ceased/ reduced holdings today
not that the sp cared but maybe some thoughts?
i m always sensitive when the big guys are selling
only this time ... it makes no sense to me
i think they are gonna miss out...
i should tell them
anyway thoughts anyone?
cheers
 
Re: SSC - Sultan Corporation

I got out today, I doubt mine was the substantial holding Probably will go up further now but wanted for other potential's
 
Re: SSC - Sultan Corporation

Yeah I got out at 4.7c yesterday, Personally i know nothing about SSC, I just had a few grand spare and looked at the graph (and had been following this thread) and i saw it was low price wise last week.. so i brought some and sold it at 4.7c... i really dont know where this stock is going??

I did see the ceasing to be a substantial holder and i also saw that it didnt affect the stock price either which was surpising considering there was another one last week and the price went down alot afterwards.

thats 2 ceasing to be a substantial holders now within 5days approx.. so yeah that kinda got to me as well... might wait till the price drops to 4c and then re buy or sumthing like that.
 
Re: SSC - Sultan Corporation

Interesting chart for SSC. Bounced off 38.2% level showing that the uptrend is strong. However will only get in if makes new highs. Let's see.
 

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Re: SSC - Sultan Corporation


Four reasons im holding onto this stock
1. derek lenartowicz's track record
2. volume spike after historical data announced
3. drilling results and conversion of these results to JORC standards (IMO this is the big one)
4. Infrastructure already in place if this ever gets off the ground
 
Re: SSC - Sultan Corporation

and today you can add to the above

5. the number of seperate million+ buys over the last few days
 
Re: SSC - Sultan Corporation

thanks for that info bruno, with regards to your point 3, which was;

3. drilling results and conversion of these results to JORC standards (IMO this is the big one)

has this announcement already come out or are we still awaiting it?

I was going to say here that im pretty impressed with SSC continual trading around the high 4 cent mark.. its done good, and more than id thought it would do. maybe I wont be able to re buy at the low 4's again :
 
Re: SSC - Sultan Corporation


When they released data re historical results they are also commented that they have started the process to convert results to JORC standards (which included drilling)
no time frame has been mentioned though but i would be guessing that it will after the general meeting to acquire isabelle mining (just a guess though)
 
Re: SSC - Sultan Corporation

ann out today after close
Moves to establish a JORC Zinc Resource at John Fardy....
stong buy volume behind the fence
maybe it will brack away from the support-uptrend


my first chart btw...
basic charting but hey we all have to start somewhere
 

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Re: SSC - Sultan Corporation

I was always under the impression (and i may be wrong) that ssc was going to comlpete a further drilling program before converting new and exsisting data to jorc.
Anyone have any thoughts on the ann today that due to the quality of exisisting data they are not going to drill and just convert exsisting data to JORC?
IMO it is good news but just my opinion.
 
Re: SSC - Sultan Corporation

Your NOT wrong Bruno, the buyers are lining up for this today ....17mil + traded & on the increase on a dull day!
ssc certainly is on the move .... an interesting chart too!!
 
Re: SSC - Sultan Corporation

jollyfrog said:
Your NOT wrong Bruno, the buyers are lining up for this today ....17mil + traded & on the increase on a dull day!
ssc certainly is on the move .... an interesting chart too!!
Click to expand...

Yes very happy with today so far Jollyfrog, nice steady progress upwards.
i have no idea about charts just back on fundamentals of company so would be interested in your thoughts
 
Re: SSC - Sultan Corporation

Hi Bruno, reading the drill report these boys say they have zinc of up to 32% from a shallow depth! plus silver ,& copper in smaller quantities.
I'm thinking this could start as an Open Cut which would be a lot cheaper for production!
Also is very close to infrastructure, might be worth a drive to Bathurst on the weekend to have a look around.
 
Re: SSC - Sultan Corporation


i would love to drive up there and have a look jollyfrog but its a long way from tassie.
very happy with today though even if it did drop a bit on close. but after the day the sharemarket had today a 7% gain and sp steadily rising is good news imo
 
Re: SSC - Sultan Corporation

-well the buying depht was there
-the ann was there and
-it was lifting already from it s support line

but on a day like today
let me say that i m happy with my prediction of seeing ssc lifting further
keep in mind that noone can predict the market
but ignorent as we humans are... sometime we try...
and god it feel good when we are right

but hey tomorrow i can be wrong

anyway in my sea of red today i saw a small amount glowing GREEN
it was SSC...

i want to hold on till i see the 1c
would't that be nice
cheers


btw ...1c isn't a calculate value just my hopes
 
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