SBM - St Barbara Limited
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Re: SBM - St. Barbara Mines
I'd really like to know if the US had a break last night? I noticed a lot a straight lines in the gold chart? Last time this happened lots of little trades were going on and POG dropped a lot. I could be wrong so don't stomp on me OK.
I'd really like to know if the US had a break last night? I noticed a lot a straight lines in the gold chart? Last time this happened lots of little trades were going on and POG dropped a lot. I could be wrong so don't stomp on me OK.
brerwallabi
The Oracle
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Re: SBM - St. Barbara Mines
Crack maybe they panicked and closed the market????
No, not really it was a long weekend there.
Crack maybe they panicked and closed the market????
No, not really it was a long weekend there.
Re: SBM - St. Barbara Mines
Anyone see the write up in mining magazine?...Ed said its all a go at the Gwalia mine and updates will be in March...looks great what they are doing...just thought in case you wanted to know..ED also said the company had delivered on all fronts
Anyone see the write up in mining magazine?...Ed said its all a go at the Gwalia mine and updates will be in March...looks great what they are doing...just thought in case you wanted to know..ED also said the company had delivered on all fronts
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Re: SBM - St. Barbara Mines
Here's the link.
http://www.minesite.com/storyFull5.php?storySeq=3336
The future is looking very, very good....
chicken said:Anyone see the write up in mining magazine?...Ed said its all a go at the Gwalia mine and updates will be in March...looks great what they are doing...just thought in case you wanted to know..ED also said the company had delivered on all fronts
Here's the link.
http://www.minesite.com/storyFull5.php?storySeq=3336
The future is looking very, very good....
Re: SBM - St. Barbara Mines
Um I think the reason it has got to this high is because the funds have already bought in.
It won't really climb much further from here until something significant happens.
IMHO now is the worst possible time to be buying this one.
chicken said:
Um I think the reason it has got to this high is because the funds have already bought in.
It won't really climb much further from here until something significant happens.
IMHO now is the worst possible time to be buying this one.
Re: SBM - St. Barbara Mines
I wonder Crackaton if you took the trouble in reading what Edshuys said see Sams thread..as far as buying this stock...I shall bet you we see $1 by year end...why..well read the threat posted by Sam..I say its a good buy as anything below 52cents is bought by SBM..they are buying back 56million shares..so go to the thread and read what was said by Sam.....crackaton said:
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Re: SBM - St. Barbara Mines
That's right. read my post!
chicken said:
That's right. read my post!
Re: SBM - St. Barbara Mines
1) How could the index funds have already bought in when the announcement was only made today?
2) Being added to an index is significant. Very significant. It gives a lot of exposure.
3) Worst possible time? You got the "Time to bail from all gold, tonite will be slaughter time." call seriously wrong so I will take your advice as a strong buy signal.
crackaton said:
1) How could the index funds have already bought in when the announcement was only made today?
2) Being added to an index is significant. Very significant. It gives a lot of exposure.
3) Worst possible time? You got the "Time to bail from all gold, tonite will be slaughter time." call seriously wrong so I will take your advice as a strong buy signal.
Re: SBM - St. Barbara Mines
Check out their announcements for 3.3.2006 re buyback and another BIG money fund has joined SBM as a large shareholder..this sets the tone..higher prices will follow..looks all hughly positive..I am still holding.....
Check out their announcements for 3.3.2006 re buyback and another BIG money fund has joined SBM as a large shareholder..this sets the tone..higher prices will follow..looks all hughly positive..I am still holding.....
Re: SBM - St. Barbara Mines
first post here. hi guys and girls.
I bought shares for the first time after reading this thread and doing some more research.
cheers chicken.
The idea of trading stocks, once seeming very boring to me, is now a source of daily excitement and interest to me. so thanks.
looking forward to the progress of this stock. bought in at 50c 2 or so weeks ago.
my current portfolio of under 3k could do with a nice kickstart
first post here. hi guys and girls.
I bought shares for the first time after reading this thread and doing some more research.
cheers chicken.
The idea of trading stocks, once seeming very boring to me, is now a source of daily excitement and interest to me. so thanks.
looking forward to the progress of this stock. bought in at 50c 2 or so weeks ago.
my current portfolio of under 3k could do with a nice kickstart
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Re: SBM - St. Barbara Mines
Chicken,
It had better go up now! :22_yikes:
bargain said:first post here. hi guys and girls.
I bought shares for the first time after reading this thread and doing some more research.
cheers chicken.
The idea of trading stocks, once seeming very boring to me, is now a source of daily excitement and interest to me. so thanks.
looking forward to the progress of this stock. bought in at 50c 2 or so weeks ago.
my current portfolio of under 3k could do with a nice kickstart
Chicken,
It had better go up now! :22_yikes:
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Re: SBM - St. Barbara Mines
opcorn:
Money seems to be flowing back in after some offloading last month, though not compelling.
What do you read of the volume Chicken?chicken said:
opcorn: Money seems to be flowing back in after some offloading last month, though not compelling.
Re: SBM - St. Barbara Mines
Dont you get it....SBM in ASX 300 and ALL ORD.....what it means the funds now can buy this stock...some funds or most of them you have to be in the ASX 300 or there about....margin lending will now also come into the equasion...and read SAMS report Ed Eshuys said there will be an update of Gold assets in late march to April....also we may get an update re Nickel deposits....and with Chase Morgan Bank in USA as a major shareholder SBM is looking better everyday to me.....thats why I say $1 will be got by Xmas...IMHOSnake Pliskin said:What do you read of the volume Chicken?
Money seems to be flowing back in after some offloading last month, though not compelling.
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Re: SBM - St. Barbara Mines
Hi Chicken,
I promise after this post to go away and stop annoying you today. Don't yell at me, you are scarey when you yell......but! I have been watching Standard & Poors and what happens to stocks when they either go on or come off the various lists for about 5 years. There is no hard and fast rule but there do appear to be similar characteristics in many stocks I have watched.
I don't know for a fact but it appears the companies are told or become aware they will be placed on an index about three months prior. I have marked the date of 8th December on the chart. You can see good action follow from then on.
A lot of the funds that would be most interested in this stock would be those investing in the Small Ordinaries Index.....these are the companies that form the bottom 200 of the S&P/ASX300 index. Most of these as best as I cn work out are independant investment groups who may well have their ears to the ground and may well have known about this up to three months ago and already bought in.
I see on the chart there is an Island Reversal pattern happening. This is a bearish signal. I identified an Island Cluster Reversal on BHP, WPL and RIO.
These companies are currently proving the strength of this pattern as an indicator of a retrace.
There is another aspect about SBM entering the 300 index......it will now make it vulnerable to the shortsellers as it will probably make it onto the lists of the CFD companies. We all know how shortsellers can feel the vulnerability of those who are in the money and choose to stay there. Any volume indication may be disguised by the CFD companies not covering the trades as well. So I say beware of the shortsellers they can smell blood!
Hi Chicken,
I promise after this post to go away and stop annoying you today. Don't yell at me, you are scarey when you yell......but! I have been watching Standard & Poors and what happens to stocks when they either go on or come off the various lists for about 5 years. There is no hard and fast rule but there do appear to be similar characteristics in many stocks I have watched.
I don't know for a fact but it appears the companies are told or become aware they will be placed on an index about three months prior. I have marked the date of 8th December on the chart. You can see good action follow from then on.
A lot of the funds that would be most interested in this stock would be those investing in the Small Ordinaries Index.....these are the companies that form the bottom 200 of the S&P/ASX300 index. Most of these as best as I cn work out are independant investment groups who may well have their ears to the ground and may well have known about this up to three months ago and already bought in.
I see on the chart there is an Island Reversal pattern happening. This is a bearish signal. I identified an Island Cluster Reversal on BHP, WPL and RIO.
These companies are currently proving the strength of this pattern as an indicator of a retrace.
There is another aspect about SBM entering the 300 index......it will now make it vulnerable to the shortsellers as it will probably make it onto the lists of the CFD companies. We all know how shortsellers can feel the vulnerability of those who are in the money and choose to stay there. Any volume indication may be disguised by the CFD companies not covering the trades as well. So I say beware of the shortsellers they can smell blood!
