SBM - St Barbara Limited

[sam76]

Re: SBM - St. Barbara Mines

Croesus Mining, which collapsed into administration over poor hedging contracts earlier this year, is finalising the sale of its Norseman operations. It is expected to get at least $60 million for the assets, which are capable of producing more than 100,000 ounces a year.

It is believed that St Barbara, Crescent Gold, Leviathan Resources, Dioro Exploration, South Africa's Harmony Gold and Canada's GBS Gold have expressed interest in the Paddington assets.



http://www.theage.com.au/news/business/rush-on-for-wa-gold-assets/2006/11/05/1162661553517.html

 

[chicken]

Re: SBM....St. Barbara Mines

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.

Now I posted this last year looks the chickens ARE JUST ABOUT TO HETCH....great when it works that way...

 

[chicken]

Re: SBM - St. Barbara Mines

looks to be a great day coming up for SBM....GOLD up US$18.....good luck to all holders I bought more at 58.5c yesterday.....watch the scrable today.....

 

[chicken]

Re: SBM - St. Barbara Mines

looks to be a great day coming up for SBM....GOLD up US$18.....good luck to all holders I bought more at 58.5c yesterday.....watch the scrable today.....

Wie ich sage heute wird ein guter tag fuer SBM...sollten ueber 63.5cent gehen das ist der erste haltpunkt bis rauf nach 77cents..Austin wie Sie sagen...es geht wieder nach oben...sehr gut....fuer SBM Aktien....Servus Chicken

 

[sam76]

Re: SBM - St. Barbara Mines

What's that in English, Chicken?

oh and congrats on the 1000 posts..

 

[chicken]

Re: SBM - St. Barbara Mines

What's that in English, Chicken?

oh and congrats on the 1000 posts..

Good day coming up for SBM...the gap at 63cents will be filled and then all the way to 77cents...still holding Sam......bought more yesterday at 58.5 cents....its a goer Gold is going north.....Cheers

 

[sam76]

Re: SBM - St. Barbara Mines

Domo Arigatou Gozimasu

Goldo Kyo wa ganbatte ne!

 

[chicken]

Re: SBM - St. Barbara Mines

Domo Arigatou Gozimasu

Goldo Kyo wa ganbatte ne!

SBM up 4cents...there is a capper at 62.5 cents...how long..dont know....

 

[chicken]

Re: SBM - St. Barbara Mines

Chicken rocks!! Go SBM!!

SBM..preopen.....buyers at 65cents what the hell is going on..looking great

 

[chicken]

Re: SBM - St. Barbara Mines

over 1million shares traded in the last 5 minutes at higher price????

Over 5.5 million shares went through closed at 63cents....well the capper must have sold a lot of shares to keep it down..I wonder tonight in Germany..where the price will go to...but its on its way to 77cents..POG or price of Gold going higher we should see this SP go higher....company making the $$$$...SBM got out of one of their investments.....so other news should not be far away..Xmas present on its way.....

 

[rub92me]

Re: SBM - St. Barbara Mines

Sigh. Maybe the same capper as for AGM. Let's call him the mad capper shall we?? Lots of gold mining stocks went up today. Ramp ramp ramp :bad:

 

[chicken]

Re: SBM - St. Barbara Mines

Intresting market depth...as far as the last poster...I make No comments...there are people who are THICK.....see ZFX poster board what I said...people seem to think they know it...I think they know FA....as I have said before...SBM is just starting to show its colour....like a flower it takes time to blossom....SBM next stop...77cents then all the way to $1....

 

[rub92me]

Re: SBM - St. Barbara Mines

Another ramp. Interesting market depth how?

 

[GreatPig]

Re: SBM - St. Barbara Mines

I think for Chicken's pet stocks there are only two types of traders: genuine buyers and cappers

GP

 

[chicken]

Re: SBM - St. Barbara Mines

I think for Chicken's pet stocks there are only two types of traders: genuine buyers and cappers

GP

And manipulators....but this stock will shine..i dont need to ramp..but just tell the facts..Sons of Gwalia was worth once over $10...so SBM will have a niece run up...look at ZFX when I said it will go to $4..they said which year...so yes Mr Tim Treadgold pointed it out SBM has a long way to go but soon $1 will be cheap...not a ramp...but a fact...watch this stock it will run I am sure of that....

 

[noirua]

Re: SBM - St. Barbara Mines

Time to look at the assets of Sons of Gwalia ( SOG ). No need to look at why SOG went into bankruptcy, save to say, that their hedging put them under a $350 million pile of sand.

10 years of SOG comparisons: http://www.sog.com.au/pages/investor_10_year_comparisons.asp

... and now SOG's mines: South Laverton http://www.sog.com.au/pages/gold_south_laverton.asp

Southern Cross: http://www.sog.com.au/pages/gold_sc.asp

Leonora: http://www.sog.com.au/pages/gold_leonora.asp


There have been changes since St Barbara ( SBM ) took over the assets of SOG, especially in finances, and the comparisons are worth looking at in depth.

 

[chicken]

Re: SBM - St. Barbara Mines

Noirua....intresting I must say...SBM have the Gold in the ground and managing the assets from SOG very well....needs no ramping...as they are producing and Gwalia may open in December for production...niece close at 64cents....that translates POG will rise....as SBM folloWS THE POG price....

 

[chicken]

Re: SBM - St. Barbara Mines

see also www.stbarbara.com.au all the information is there...

 

[CanOz]

Re: SBM - St. Barbara Mines

I gotta say this isn't looking too bad. If it breaks through old resistance it could go for a run. Seems to have settled into a nice little channel trend. Any techys agree?

 

[Sean K]

Re: SBM - St. Barbara Mines

Break through $0.55 was a very bullish move imo. Now, breaking $0.65 will send it into a new era. Well, for a few days anyway. I'm still not going to buy as the Chook brought it to my attention quite a while ago and I have therefore put the stock on my banned list. What a shame.