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Re: SBM - St. Barbara Mines
Ahhhhhhh yes, but what about individual mine production, mine life and cost per ounce of producing the gold at each mine??? Past performance, how much gold has been mined, does not guarantee that future production will reach forecasts and that the gold price will hold up - maybe it will, let's hope so.
You say the top 20 shareholders must know something, but, " What is this something, anyone could say that about a company, as many are in this position?"
You say your target is $1, " So what?". If someone said their target was $"2 " So what again?" I admit saying this myself sometimes, I feel a bit of a chump now.
" Other metals coming into the mix ", hmmmmm, " What percentage increase are these likely to have in profitability and what are they? "
You say that St Barbara are going to be the 4th largest producer, " WHEN ? ". Is this in the world, if it is " NO CHANCE". Have you checked out what production St Barbara would need to be the worlds 4th largest producer?
I don't mean this post to deride SBM as they're an excellent company. I just don't believe everything you say is correct. - All the best.
chicken said:St Barbara are going to be the 4th largest Gold producer....making $$$$ not burning $$$$...and BGF...HOW MUCH GOLD HAVE THEY PRODUCED ?....that is the crux....to make money for the company....and SBM are well set to make plenty of $$$$....I hold and anyone intrested in Gold stocks SBM is good and CHEAP...and is producing...GOLD....make your research as 70.48 % is owned by 20 shareholders...now they MUST know something...as we are talking a lot of $$$$$$$....I hold as I feel with other metals now coming into the mix...my target is at least $1.........and you will see I am right...so far I have been on the mark....and by 2008 SBM will produce around 500K ozs Gold...
Ahhhhhhh yes, but what about individual mine production, mine life and cost per ounce of producing the gold at each mine??? Past performance, how much gold has been mined, does not guarantee that future production will reach forecasts and that the gold price will hold up - maybe it will, let's hope so.
You say the top 20 shareholders must know something, but, " What is this something, anyone could say that about a company, as many are in this position?"
You say your target is $1, " So what?". If someone said their target was $"2 " So what again?" I admit saying this myself sometimes, I feel a bit of a chump now.
" Other metals coming into the mix ", hmmmmm, " What percentage increase are these likely to have in profitability and what are they? "
You say that St Barbara are going to be the 4th largest producer, " WHEN ? ". Is this in the world, if it is " NO CHANCE". Have you checked out what production St Barbara would need to be the worlds 4th largest producer?
I don't mean this post to deride SBM as they're an excellent company. I just don't believe everything you say is correct. - All the best.