Re: SBM....St. Barbara Mines
quarter ( not picked up daily ), accordinglly to the figures some 65,442 oz of
gold was produced in the sept quarter yet only 53,554 was sold which means
that 12,000 are just sitting there to be sold maybe in the dec quarter, which
could mean that this little company (with their 12,000 oz stockpiled - 43,000
ozs forcast and their current asset sale could increase their cash position by
anything between 20-25 million in the dec quarter.
Thanks for the advice. Did email the company and got a very clear and interesting response, not all the gold that is produced is always sold in thatchicken said:Trader please email the company as you are right the figures do not add...also looks as if SBM is pushing through to 45 cents...a lot of buying out of Europe....noticed I am trying to refrain from posting in the competition I was going to take MGX but some one beat me to it...Gold is still rising and the trend is my friend.....Joe this would be a record to pick the same stock 4 times to win a competition unbelievable..I am holding a good size Shares in Sbm.....next stop 45 cents,.....look at ZFX unbelievable...
quarter ( not picked up daily ), accordinglly to the figures some 65,442 oz of
gold was produced in the sept quarter yet only 53,554 was sold which means
that 12,000 are just sitting there to be sold maybe in the dec quarter, which
could mean that this little company (with their 12,000 oz stockpiled - 43,000
ozs forcast and their current asset sale could increase their cash position by
anything between 20-25 million in the dec quarter.