GreatPig
Pigs In Space
- Joined
- 9 July 2004
- Posts
- 2,368
- Reactions
- 14
Mate... business is business!kennas said:the Chook brought it to my attention quite a while ago and I have therefore put the stock on my banned list
GreatPig said:Mate... business is business!
I'm holding.
GP
AGM tomorrow...Westgold is sueing an old pre SBM director who no longer is with the company, dates back 5years ...as SBM said ,Westgold are barking up the wrong tree....something todo with a sharepurchase....SBM management have taken no part in it....as it is all 5 years old....I think Westgold is trying for some money...but dont think that there will be any from SBM....as the company took legal advise....no problems but Westgold might find it will cost them $$$$$$...SBM advised the market at the time.....trader said:Westgold & SBM In WA Supreme court today, don"t know if this could effect
share price any.
Anyone who takes on Ed Eshuys and legal team will find it HARD going...these guys know their business and said a couple years ago that SBM has no case to answer.....Westgold wanting easy money...I think a couple million $$ was talked about....but wait and see as SBM might countersue...just as I read it at the time....neither party will get any benefits...chicken said:AGM tomorrow...Westgold is sueing an old pre SBM director who no longer is with the company, dates back 5years ...as SBM said ,Westgold are barking up the wrong tree....something todo with a sharepurchase....SBM management have taken no part in it....as it is all 5 years old....I think Westgold is trying for some money...but dont think that there will be any from SBM....as the company took legal advise....no problems but Westgold might find it will cost them $$$$$$...SBM advised the market at the time.....
GreatPig said:I think yesterday's hammer bar, which touched down onto the 38.2% Fib level, is bullish for SBM:
And if I extend the Fib up to make the current retracement sit between the 38.2% and 61.8% levels, then the target price is 77 cents. Not sure if this is valid Fib use, but it's worked a couple of times before recently.
GP
God I hope it doesn't get that low any time soon!kennas said:I'm still waiting for a break through $0.065.
Funny that.....I remember someone saying that about ZFX when the SP was only $2.95.....as Pig said business is business....to make money...be glad I said look at SBM...I hold over 200k of shares and 75% of shares are held by 20 shareholders...and SBM moving to Melbourne and growing bigger should tell you ...who cares about chook...but chook....so as Pig said ITS BUSINESS..not CHOOK....and good luck to all shareholders after all the purchase of the SOG assets made SBM into the company it is today...and GOOD management as well...see Mr Tim Treadgolds article in shares....after all it was his article in shares which I read and I realised then that we are sitting on a goldie with hugh potential...which is NOW being realised...as some one posted on HC next stop is 77cents...thanks Pig you just confimed it and thank you very much of posting the graph...and Kennas read some of the posts I posted earlie on of SBM and you might realise that what I posted is from our CEO Ed Eshuys or Tim Treadgold...and its all coming to bear the fruit...it all takes time but SBM will be a force in the Gold industry in Australia...with a production of 1 million ozes...I forgot...Nickel will also be in the mix...as Mr Ed Eshuys said...they are just working on it...great company with more to come....after all I am conviced its real and the yanks who invested first in it knew from the start this will be a winner....money talks and in SBM case it certainly does...moneymachine said at least $1.50....and with POG going up...see www thebulliondesk.com.au makes buying into SBM compelling....I hold and will be adding more to my position...as far as what I said...Chook looks after....CHOOK...and it looks as if SBM indeed delivers what the chook needs are...money talks all kind of languages...now to our German investors....Sbm ist wirklich eine Goldkompanie mit sehr grossen vorkommen und wird jetzt groesser...77c ist jetzt der naechste haltpunkt und dann $1.50 mindesten....kennas said:Good chart, I agree GP. If only that damn Chook wasn't clouding my judgement.
I'm still waiting for a break through $0.065.
Nourua....please watch what you post...SBM never made threads as what you posted is NOT so....read what was said...and not produce cleverly worded headlines...read it....as legal action could follow...SBM NEVER USED or DID WHAT YOU POSTED..right...noirua said:Gun threats as St Barbara legal problems go back over 10 years: http://www.thewest.com.au/default.aspx?MenulD-32&ContentID=12584
Ed Eshuys has very big plans for SBM that require substantial financing. "Follow me" is the call, that is, IF you back the efforts to become a substantial gold miner?: http://www.thewest.com.au/default.aspx?MenulD=32&ContentID=13452
you heared of defamation...SBM does not need this sort of reference to the company...I am not worried about SBM shareprice as the ones who thought the dow will drop by 200 points yesterday...well the dow is up by 4 points...POG was up or higher all night...metals are back up...and the shorts are getting BBQ today....still point out to people to stick to facts than to fantsise...SBM should have some drill results on their Nickel holdings early December...thats why I am NOT worried about SBM SP...in fact its a buying op....bought more yesterday at 57cents....a large accumilator buying at present....who brought the SP to where it is today....wayneL said:Chicken,
It's OK mate! SBM's share price won't suffer from noirua's post.
...and if I were noirua, i wouldn't be quaking in my boots over legal action either.
I would however, be concerned about SBM's SP if I were you.
I am refering to the headlines which was posted by him/her.....read the article as SBM as company was NOT involved....rightwayneL said:I don't see the conflict between noirua's post and what's in the article.
No defamation here.
chicken said:...SBM does not need this sort of reference to the company......still point out to people to stick to facts than to fantsise...
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