SBM - St Barbara Limited

[Narkov]

Re: SBM - St. Barbara Mines

Come on you technicals..THIS IS A VOLUME SPIKE>>>>>>Another words..a hugh BUY signal....what more can I say...friend of mine a Techno said..all the way to $1 now.....blue sky ahead....great.....

Without a doubt chicken. I think $1 is a long term (6-12 months) outlook but in the short term I think 70 cents is VERY achieveable. Heck, 70 cents may be achieveable by COT Friday week.

 

[chicken]

Re: SBM - St. Barbara Mines

Without a doubt chicken. I think $1 is a long term (6-12 months) outlook but in the short term I think 70 cents is VERY achieveable. Heck, 70 cents may be achieveable by COT Friday week.

Now with the INSTO involvement..must agree with you...this could be 70c in the next 2 weeks...very likely..great I love it...... After all everyone loves a winner dont they.......BMX is another one on the rise..bought in at 31cents...now 42cents.....

 

[crackaton]

Re: SBM - St. Barbara Mines

That's right chook. I've been watching BMX and its moving nicely!!

 

[chicken]

Re: SBM - St. Barbara Mines

With GOLD going higher and that super spike...after talking to my Techno friend..He said that by looks of things on the technicals....IT IS GOING TO BE THE FLAVOUR OF THE MONTHS....other INSTO will now look and buy...I wonder who the buyer was we should know soonest........look where the price of SBM was in 1993......$2.80......check it out yourself its on the climb and has overcome all resistance...on the technical.......

 

[chicken]

Re: SBM - St. Barbara Mines

With GOLD going higher and that super spike...after talking to my Techno friend..He said that by looks of things on the technicals....IT IS GOING TO BE THE FLAVOUR OF THE MONTHS....other INSTO will now look and buy...I wonder who the buyer was we should know soonest........look where the price of SBM was in 1993......$2.80......check it out yourself its on the climb and has overcome all resistance...on the technical.......

The buying depth is building nicely..will open higher today......

 

[MalteseBull]

Re: SBM - St. Barbara Mines

Selling Volume outweights Buying Volume now!!

 

[saichuen]

Re: SBM - St. Barbara Mines

Selling Volume outweights Buying Volume now!!

should i panic and start selling as well?

it looks more like someone is just selling of some shares for profit taking perhaps.

happy trading!

 

[carpets]

Re: SBM - St. Barbara Mines

Looks like a tough time for those holding, but from my perspective I'm happy for it to keep going down! great buy opportunity!

 

[Narkov]

Re: SBM - St. Barbara Mines

looks like a tough time for those holding, but from my perspective im happy for it to keep going down! great buy opportunity!

Without a doubt. I have increased my position. It will correct within a week.

 

[crackaton]

Re: SBM - St. Barbara Mines

wheres chook? is his feathers ruffled?

 

[jet-r]

Re: SBM - St. Barbara Mines

Its the macro environment thats dragging down the SP. just look around and u will find that every single resource stock got pounded recently. I think its just a healthy adjustment.

 

[justjohn]

Re: SBM - St. Barbara Mines

thats right jet another day of this will put some real value into the market :iagree:

Its the macro environment thats dragging down the SP. just look around and u will find that every single resource stock got pounded recently. I think its just a healthy adjustment.

 

[BraceFace]

Re: SBM - St. Barbara Mines

wheres chook? is his feathers ruffled?

I think you'll find him over at another forum under a different alias pumping up SBM.
I seriously doubt he is ruffled at all....
In the interests of forum etiquette, I will not name the other forum.
Lets just say, the chook is alive and well.

 

[carpets]

Re: SBM - St. Barbara Mines

this is not news on SBM but on gold in general, found it pretty interesting:

"Gold and gold stocks have been overextended now for weeks. In fact, since the the early 1980's, they've NEVER been this overextended. Hedge funds, daytraders, and even Jim Cramer, started to pile into gold stocks in December.

Gold is doing now what all bull markets do when they get overbought - it is correcting. Yes, the correction is likely to continue. But this correction is likely to be different than the ones we've seen over the past few years in the gold market.

Why different? Well, Gold is now in stage two of its bull market. This is when the general public starts to recognize that a bull market is real. Stage two is the longest and most profitable stage of a bull market, however it has wicked and violent corrections. The corrections are sharp, but they are also a lot quicker than the corrections that come in stage one. They last weeks instead of months.

They also shake out the people who don't really know what they are doing. This prevents most people from making money despite the fact that the bull market is real. When this correction is over gold is going to go up again at an even faster rate than it has the past few weeks. Gold will be way above 600 by the end of the year and the right gold stocks will double."


An encouraging message to hang on to those gold stocks! Short term pain for long term gain... :chainsaw:

 

[crackaton]

Re: SBM - St. Barbara Mines

I suggest everyone bail from all gold stocks tommorrow or at the earliest possible time.

 

[chicken]

Re: SBM - St. Barbara Mines

I suggest everyone bail from all gold stocks tommorrow or at the earliest possible time.

You sell I am ready to buy more...Dr.H yes I am well...and doing better everyday..just think where SBM will be by Xmas....did you notice the directors buying..does that not tell you something...?

 

[carpets]

Re: SBM - St. Barbara Mines

I suggest everyone bail from all gold stocks tommorrow or at the earliest possible time.

on what basis? For those trading, possibly. But for those investing, the market is correcting, awaiting further gains in the future. I think to sell at a loss now would not be in the best interest. how much further can SBM go? 45c? 40c? i think HOLD and look for further BUY opportunities.

 

[chicken]

Re: SBM - St. Barbara Mines

on what basis? For those trading, possibly. But for those investing, the market is correcting, awaiting further gains in the future. I think to sell at a loss now would not be in the best interest. how much further can SBM go? 45c? 40c? i think HOLD and look for further BUY opportunities.

Possibly 45cents to be the lowest...great buying opportunity......gold will fire again maybe sooner than what people think.....

 

[crackaton]

Re: SBM - St. Barbara Mines

They are simply trying to stave off a take-over. Doubt it will work well.

 

[brerwallabi]

Re: SBM - St. Barbara Mines

I suggest everyone bail from all gold stocks tommorrow or at the earliest possible time.

Are you going to answer the question you were asked - what basis???
We are waiting.