Australian (ASX) Stock Market Forum

SBM - St Barbara Limited

Re: SBM - St. Barbara Mines

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.
 
Re: SBM - St. Barbara Mines

noirua said:
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.
Maybe YOU SHOULD DO SOME RESEARCH<<<<< I HAVE..and everything I SAID is SO....I have posted over the last 2 years..AND EVERYTHING I POSTED IS SO...you make your research..perhaps read what Mr Tim Treadgold has said...the other metals we are talking about is Nickel...and copper....You will find the $1 Iam talking about is the start..as they are aiming to become a 1 million Oz Gold producer....after all they have the GOLD in the ground and their own refinery...DO YOUR research before making statements about me..right..because I do noty tolerate fools...right..as far as SBM.....make your research....what have they got....they bought the Son of Gwalia Gold assets...2 years ago...and making a fistful of it now...GOOD management...And I hold plenty of shares...look at the graph...SBM has turned the corner and is heading up....next stop 60cents....
 
Re: SBM - St. Barbara Mines

chicken said:
Maybe YOU SHOULD DO SOME RESEARCH<<<<< I HAVE..and everything I SAID is SO....I have posted over the last 2 years..AND EVERYTHING I POSTED IS SO...you make your research..perhaps read what Mr Tim Treadgold has said...the other metals we are talking about is Nickel...and copper....You will find the $1 Iam talking about is the start..as they are aiming to become a 1 million Oz Gold producer....after all they have the GOLD in the ground and their own refinery...DO YOUR research before making statements about me..right..because I do noty tolerate fools...right..as far as SBM.....make your research....what have they got....they bought the Son of Gwalia Gold assets...2 years ago...and making a fistful of it now...GOOD management...And I hold plenty of shares...look at the graph...SBM has turned the corner and is heading up....next stop 60cents....
As far as the 4th largest Gold producer..I am talking about Australian Gold production...the world I have NEVER said that....so dont make a fool out of me...
 
Re: SBM - St. Barbara Mines

Chicken said:
so to all SBM holders...we are going for a ride
Remember saying this on 11th May this year Chicken?

You certainly got that right :D. A month later it touched 40 cents, and is just now struggling back into the low 50s.

GP
 

Attachments

  • SBM_GP4.gif
    SBM_GP4.gif
    11.6 KB · Views: 185
Re: SBM - St. Barbara Mines

chicken said:
As far as the 4th largest Gold producer..I am talking about Australian Gold production...the world I have NEVER said that....so dont make a fool out of me...

Chicken do you still like BMX ?
 
Re: SBM - St. Barbara Mines

GreatPig said:
Remember saying this on 11th May this year Chicken?

You certainly got that right :D. A month later it touched 40 cents, and is just now struggling back into the low 50s.

GP

That's great.
Love your work.

Although I'm sure some of Chicken's......mutterings........ may be correct in the long term, it's nice to see someone bring some reality (not ramping) to current discussion.
 
Re: SBM - St. Barbara Mines

nizar said:
Chicken do you still like BMX ?
Yes I do....as that company just doubled its resource base...will go higher jet..as far as SBM is concerned its going up first stop 66cents as it will have to fill gap....this is a $1+ stock...when they finally tell us about their Nickel find in the Sullivans look out...as its on the same foldline as Cosmos..look at Jubilee and then you will understand what I say....how high it will go is anybody's guess...Jubilee now $12.50.....
 
Re: SBM....St. Barbara Mines

chicken said:
From Diggers & Dealers....the horses mouth.....SBM is about to start drill testing a NICKEL sulphide target north of LEONORA that said to have similarities with JUBILEE MINES BONANZA COSMOS deposit......ST BARBARA CEO ED ESHUYS told diggers & dealers that the company believed its SULLIVAN prospect had a similar signature to the unique magnetic anomaly that indicated COSMOS....The 8 km trend comprising SULLIVAN has been lightly drilled previously, returning assays in the weathered zone close to the ultramatic contact of up to 0.5% nickel and 400ppm copper.....
St. Barbara produces gold from the southern cross operations previously owned by SONS of GWALIA acquired in MARCH. Forecast production in 2005/2006 is put at 150000 ounces at cash cost of $415/oz with the company working on significantly improving those numbers in future years.
I understand the company is finaly working on this...if indeed this comes to be right...the SP wil go past $1 very quickly.....just to remind the board what was said...Ed has kept it very quiet lately...but watch out....there is $$$ here....after all 70.48% are owned now by 20 shareholders....I am holding and sticking like glue to SBM
 
Re: SBM - St. Barbara Mines

chicken said:
Ready to run again.....looking good :2twocents

Chicken,

These kind of statements irritate me a great deal and are more suited to a forum like HC than they are to ASF.

Now I have taken a cursory look at the SBM market depth and there is nothing to suggest that SBM is poised for another run.

Unless you can provide some comprehensive analysis to back up your statement or some kind of rationalisation for your remarks you are going on probation and I will start deleting these kind of posts of yours in the future.

This sort of nonsense may be acceptable on HC but its not going to wash here.

Fair warning.

While I am on the subject of ramping, which seems to be your specialty, I suggest you review ASF's recent policy on ramping and adjust your posting style accordingly: https://www.aussiestockforums.com/forums/showthread.php?t=4773
 
Re: SBM - St. Barbara Mines

Now how right was I yesterday....LOLOLOLO...sorry about that JOE but sometimes I have a 6th sense about what happens....SBM is running :2twocents

Check the graph.....next stop 63cents...to fill the 1st gap..... :2twocents
 
Re: SBM - St. Barbara Mines

Talking of checking the graph... one of these attached is Gold and one is SBM.
It would seem that SBM, despite news, resources, reserves, directors buying,top 20 holding 70%+, and not least an enthusiastic cheer squad, has pretty much tracked the POG. If and when it breaks away from POG and trades on its own merits I will get interested. ;)
 

Attachments

  • gold-SBM.gif
    gold-SBM.gif
    5.1 KB · Views: 119
Re: SBM - St. Barbara Mines

Kauri..that is indeed intresting...just looking at bulliondesk....Bloomberg are saying Gold will rise by US$100 to US$700 by xmas..or years end...so in that case SBM will indeed be back to 70cents..it has 2 gaps to fill...63c is the first and from memory 67c is the next...so it looks as if SBM woke up from its sleep...6million shares were traded...and Gold looks to be holding over US$600..while I type......I hope we get some Nickel results soon as that will make SBM start trading in a higher direction....after all SBM is producing well..and I understand that the Gwalia mine will start up in December....for more Gold production....SBM are seem to be doing all the right moves..... :2twocents
 
Re: SBM - St. Barbara Mines

Look at todays brokers and investors presentation...finaly are getting their A into gear for Nickel...discovery...NOW LOOK AT THE MAP..and you will find the Sullivan not far away from Cosmos....so here is for a stellar Xmas and lets hope its a bonanza from AGM re Nickel.... :2twocents
 
Re: SBM - St. Barbara Mines

chicken said:
Look at todays brokers and investors presentation...finaly are getting their A into gear for Nickel...discovery...NOW LOOK AT THE MAP..and you will find the Sullivan not far away from Cosmos....so here is for a stellar Xmas and lets hope its a bonanza from AGM re Nickel.... :2twocents
I meant SBM......re Nickel.....AGM are also in Nickel in Tasmania...ANOTHER stock I post on..... :2twocents
 
Re: SBM - St. Barbara Mines

AND...here we go again...60cents + today....I told you all 4 days ago....Chicken knows ,why...every corn is a feed.... :2twocents
 
Re: SBM - St. Barbara Mines

Hi folks from Germany. I am checking SBM since more than 2 Years. Guess now its time to reach new highs.

SBM is well discussed in german forums since a few days.
Volume is rising pretty fast and first newspapers wrote about "the perfect rebound title"

Greets Austin
 
Re: SBM - St. Barbara Mines

Do you have any links Austin?

or better still, if you have a translated link into English that would be fantastic!

Kan ich bite ein bier harbe?

(I know the spelling is way off, but hopefully you'll understand :D )
 
Re: SBM - St. Barbara Mines

sorry dont have any translated links but can give you a german one...

www.wallstreetonline.de

than search ( left on top ) for 851747 (thats SBM) and you will find lots of stuff in the forum.
You can also gegister for free. I you have any questions contact me!
I guess everyone there speaks english, so it would be perfect to exhange some news and talk about SBM!


another link of one of germanys top stock newspaper:
http://www.wiwo.de/pswiwo/fn/ww2/sfn/buildww/id/97/id/223537/SH/0/depot/0/index.html
 
Top