SBM - St Barbara Limited

[saichuen]

Re: SBM....St. Barbara Mines

Is news still expected today?

i'm not sure what sort of news you are expecting but the quarterly report will be due tomorrow (as per Yahoo Finance). Let's hope there will be some good news installed in it.

happy trading!

 

[Narkov]

Re: SBM....St. Barbara Mines

i'm not sure what sort of news you are expecting but the quarterly report will be due tomorrow (as per Yahoo Finance). let's hope there will be some good news installed in it.

Thats what i was after. I wasn't sure how credible the information at Yahoo was. Should be an interesting week.

 

[trader]

Re: SBM....St. Barbara Mines

i'm not sure what sort of news you are expecting but the quarterly report will be due tomorrow (as per Yahoo Finance). let's hope there will be some good news installed in it.

happy trading!

Based on their forecast and if they sold all the gold that they have stockpiled and produced a profit of between 10 - 15 million not counting asset sales, but in the past have always done better than forecast so who knows.

Their cash position could increase to over 50 million and if any of this is right their share price will hit the 60 cent mark not counting that there might be nickel or that they are way above forecast and then 80 cents would be more of a target.

 

[tony2252]

Re: SBM....St. Barbara Mines

IS THAT TRADER TALK AGAIN LOTS SMALL BIDS NEARLY ALL THE SAME GOING IN AT 49CENTS 12.25PM

 

[trader]

Re: SBM....St. Barbara Mines

IS THAT TRADER TALK AGAIN LOTS SMALL BIDS NEARLY ALL THE SAME GOING IN AT 49CENTS 12.25PM

Wish I knew what it meant, maybe there is someone out there that knows.

 

[BraceFace]

Re: SBM....St. Barbara Mines

Here we go......
Just jumped in at 49c
Jeez I hope it's all good news tomorrow :22_yikes:

 

[trader]

Re: SBM....St. Barbara Mines

Here we go......
Just jumped in at 49c
Jeez I hope it's all good news tomorrow :22_yikes:

The report mightn't come out till thursday, but it will be good news.

 

[MalteseBull]

Re: SBM....St. Barbara Mines

11 sellers at 50 cents...
doesn't look promising??

 

[chicken]

Re: SBM....St. Barbara Mines

11 sellers at 50 cents...
doesn't look promising??

Yeah Maltese Bull...you would know and people would listen to you...LOLOLO well here it goes I agree with Trader...all good news my target $1 and higher...why...great little producer with$$$ in the bank only 40k ozs hedged and a new Nickel bonaaza .....soon to be announced..I am holding a swag and its still good buying..read what I posted once on ZFX.....this one is to go a lot higher......like ZFX Also meant to say GOLD NOW $562....higher again than yesterday...

 

[chicken]

Re: SBM....St. Barbara Mines

Wish I knew what it meant, maybe there is someone out there that knows.

Trader I heared that Brokers are trading in a circle to keep the price down or increase the price...I am getting an article from a friend and this could be circular trading happening...a broker buys the shares from the other broker and in turn that broker buys from him...anyway as soon as I get the article on circular trading I shall post it

 

[MalteseBull]

Re: SBM....St. Barbara Mines

Trader I heared that Brokers are trading in a circle to keep the price down or increase the price...I am getting an article from a friend and this could be circular trading happening...a broker buys the shares from the other broker and in turn that broker buys from him...anyway as soon as I get the article on circular trading I shall post it

yes, i have noticed that too.. there is a consistent bids for SBM at small parcels of ~800-$1,000 as if the share was being nuked with bids..

I think whoever is doing it (brokers i reckon) are trying to hack the price inorder for the larger parcels to go through.. (imo)

It's official the announcment comes out today....

 

[trader]

Re: SBM....St. Barbara Mines

yes, i have noticed that too.. there is a consistent bids for SBM at small parcels of ~800-$1,000 as if the share was being nuked with bids..

I think whoever is doing it (brokers i reckon) are trying to hack the price inorder for the larger parcels to go through.. (imo)

It's official the announcment comes out today....

How do you know its official , did it come directly from the company or is it
from a brokers page ( comsec ) these are not always right.

 

[MalteseBull]

Re: SBM....St. Barbara Mines

How do you know its official , did it come directly from the company or is it
from a brokers page ( comsec ) these are not always right.

yeah brokers page... and there announcments state "mid-jan"??

 

[Narkov]

Re: SBM....St. Barbara Mines

I rang the investor relations hotline yesterday and they said "this week". The lady was a little hazy about when this week so I really doubt it will be early week.

Then again...I may have been speaking to a phone jockey and not someone in the know.

 

[etrader1]

Re: SBM....St. Barbara Mines

I rang the investor relations hotline yesterday and they said "this week". The lady was a little hazy about when this week so I really doubt it will be early week.

Then again...I may have been speaking to a phone jockey and not someone in the know.

re: Quarterly Report

I've sent an email to ask and got a response from the Executive Assistant to the MD & CEO that the report will be release early next week, not this week.

 

[carpets]

Re: SBM....St. Barbara Mines

Here we go......
Just jumped in at 49c
Jeez I hope it's all good news tomorrow :22_yikes:

Are you buying with the hope that SBM will rally further with this report? Thats a pretty big gamble. Does anyone roughly know what the report is going to be about?

 

[BraceFace]

Re: SBM....St. Barbara Mines

Are you buying with the hope that SBM will rally further with this report? Thats a pretty big gamble.

That's right, it certainly is a gamble.
I wouldnt say its a big gamble. This company's share price is likely to fly off the handle with even the slightest hint of good news.

If it is bad news and things pull back, I'll take it on the chin, learn a lesson and then proceed to gamble my money on some other small cap mining exploration company that takes my fancy.

When you put money into companies like this it is always going to be a gamble. It's just how it is.

If I didn't want to gamble I'd put my money into Rio or Newcrest or something else in the "Blue Chip" set and sit on it.

 

[saichuen]

Re: SBM....St. Barbara Mines

That's right, it certainly is a gamble.
I wouldnt say its a big gamble. This company's share price is likely to fly off the handle with even the slightest hint of good news.

If it is bad news and things pull back, I'll take it on the chin, learn a lesson and then proceed to gamble my money on some other small cap mining exploration company that takes my fancy.

When you put money into companies like this it is always going to be a gamble. It's just how it is.

If I didn't want to gamble I'd put my money into Rio or Newcrest or something else in the "Blue Chip" set and sit on it.

Sometimes you win, sometimes you lose. That's what trading is all about, right?

 

[chicken]

Re: SBM....St. Barbara Mines

That's right, it certainly is a gamble.
I wouldnt say its a big gamble. This company's share price is likely to fly off the handle with even the slightest hint of good news.

If it is bad news and things pull back, I'll take it on the chin, learn a lesson and then proceed to gamble my money on some other small cap mining exploration company that takes my fancy.

When you put money into companies like this it is always going to be a gamble. It's just how it is.

If I didn't want to gamble I'd put my money into Rio or Newcrest or something else in the "Blue Chip" set and sit on it.

GAMBLE you said..well rubbish I say why...the GOLD assets bought from SWG were indeed a hugh bonus for SBM..why...well SBM is now SWG without the hedgebook..SBM makes $$$ SBM has $$$ in the bank SBM has good Gold deposits SBM produces...not talk like others...SBM have a landbank of 14Ksq KM...and SBM will start producing Nickel in 2007...and if the Sullivan will be like the cosmo....what would the sp be worth..I hedge my bet with SBM after all so far they are delivering the goods..some one is accumilating all the shares they can get..after all as GOLD goes up so will SBM..its ready for another run..you will see Chicken is right

 

[nizar]

Re: SBM....St. Barbara Mines

i agree with u chicken..

They have 9.5m oz of gold in reserves!!!!

Heaps of potential...