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...
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...