Australian (ASX) Stock Market Forum

SBM - St Barbara Limited

Re: SBM - St. Barbara Mines

I've been waiting for SBM to crack $0.65 to pick some up, but perhaps closing in on this support line and 200 d ma is an opportunity too. Hhhmmm. Although, momentum is down. Volume off on the down leg so that's not too bad.
 

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Re: SBM - St. Barbara Mines

kennas said:
I've been waiting for SBM to crack $0.65 to pick some up, but perhaps closing in on this support line and 200 d ma is an opportunity too. Hhhmmm. Although, momentum is down. Volume off on the down leg so that's not too bad.

Maybe it's best to hold off a while, in purchasing SBM, as the financing of Mr Eshuys plans for the future could hold the stock back.
 
Re: SBM - St. Barbara Mines

noirua said:
Maybe it's best to hold off a while, in purchasing SBM, as the financing of Mr Eshuys plans for the future could hold the stock back.
There is a HEAP of money in kitty.....around $65million...so no problems there as far as their expansion plans...their main shareholder has got billions...so NO problems of getting money if they need it....after all 2c up today not any resistance to 60cents might even get there today POG rising...and as soon as report out of the nickel results will propel this over $1....you will se how right I am...proven my point before :2twocents
 
Re: SBM - St. Barbara Mines

chicken said:
There is a HEAP of money in kitty.....around $65million...so no problems there as far as their expansion plans...their main shareholder has got billions...so NO problems of getting money if they need it....after all 2c up today not any resistance to 60cents might even get there today POG rising...and as soon as report out of the nickel results will propel this over $1....you will se how right I am...proven my point before :2twocents
Q.Why did the chicken cross the road?.........
A. to get to Santa Barbara.......duh
Looks like you are a prophetic chook.....SBM looking good!
 
Re: SBM - St. Barbara Mines

Originally Posted by redandgreen
Q.Why did the chicken cross the road?.........
A. to get to Santa Barbara.......duh
Looks like you are a prophetic chook.....SBM looking good!

As I said looking the part....this one will be a great little moneyspinner....I have followed the company the last 3 years...and I believe this is a winner...has made me a few $$$....but like their style....and of course management isgreat.....as that is important....77c next stop...look at pigs graph its all there...Kennan I hope you got a few as I understand you are making your living with trading...told you all to buy...I bought another 100k shares for 57cents....yesterday

Moderator's Note: WARNING!!
As Wayne has said you'll need to justify the projection, and that's GreatPig to you Mr Chicken since GP shows the reasoning behind his charting and price projections. Also, stop telling people to buy or sell, that in itself will get you banned- do your own research folks and seek professional advice. This might be the last month we have your company here on ASF, funny as you are in your posting style at times, things may not be so funny very soon.
 
Re: SBM - St. Barbara Mines

rub92me said:
Maybe you can also ramp the options and do it in Greek? :eek:
SBM is one stock which if you did your research you would know the potential...SBM has ALL the right atributes through the ground it holds and of course....SOG had put all the hard work in originaly to make the operation succesful..which it had been but their hedging at the time....SBM merged this operation and has now a very substancial landbank...with Goldsmelter etc...its not something which had to be build up..its there...It needed the right management to make it go..and fortunatly SBM has just that...after all SOG sp was over $10....remember that...so here we are we have the potential,managment are doing all the right moves...this one will go over $1 sooner than later..ramping why...the operation had produced Gold for years so why do I need to ramp a company which is in the process to be included in the ASX200...AND YOU ALL SHOULD KNOW WHAT THIS MEANS...institutions are compelled to buy this stock and if you think you buy this stock at 40cents well think again...as far as rub92me do your research before posting as it shows you have not got a clue...there are no opies for sale in sbm...JUST SHARES.....Next stop 77c....on the tech side :2twocents
 
Re: SBM - St. Barbara Mines

chicken said:
Next stop 77c....on the tech side :2twocents

I'm interested in how you managed to work that one out. That would appear to be a ramp without some reasoned justification for this view.

Please oblige.
 
Re: SBM - St. Barbara Mines

May be from my earlier comment based on my, probably incorrect, application of Fib lines:

sbmgp6od3.gif


GP
 
Re: SBM - St. Barbara Mines

wayneL said:
I'm interested in how you managed to work that one out. That would appear to be a ramp without some reasoned justification for this view.

Please oblige.
Funny that,,,,,,,all my prediction had achieved what I said...right..look at pigs latest graph and you know I am right..as far as SBM...all I posted are facts..same as ZFX which now is $16....if you read some of the comments posted by others...what I posted was FACTS...others thought I was over the top....ZFX is now a huge success.....not because of me, no, the company did it..I just happend to point the way and SBM are on the same track...moving their head office to Melbourne and growing the company into a bigger entity...also SBM is now in the process to be included in the ASX 200 also a fact, do your own research :2twocents
 
Re: SBM - St. Barbara Mines

Chicken,

I don't give a fat rats if you're right or not, I trade the underlying, not shares. My only concern as a mod is that you justify your comments.

A target should have some technical or value based logic behind it or it is just a ramp.

If you say 77c or whatever just post a chart or figures to show why you think that. Too easy eh!
 
Re: SBM - St. Barbara Mines

wayneL said:
Chicken,

I don't give a fat rats if you're right or not, I trade the underlying, not shares. My only concern as a mod is that you justify your comments.

A target should have some technical or value based logic behind it or it is just a ramp.

If you say 77c or whatever just post a chart or figures to show why you think that. Too easy eh!
Right, LOOK AT PIGS GRAPH... :2twocents
 
Re: SBM - St. Barbara Mines

GreatPig said:
...probably incorrect, application of Fib lines

Funny thing about the golden ratio GP.

Technically, thats not the correct way to do it. But as you say, it still works (by giving you a 1.618 projection of the retracement.

chicken said:
Right, LOOK AT PIGS GRAPH
In future, reference the other persons chart in the post.

Chicken, it's an easy thing to do and it will prevent us getting p!ssed off at each other... verstehen?
 
Re: SBM - St. Barbara Mines

chicken said:
Funny that,,,,,,,all my prediction had achieved what I said...right..look at pigs latest graph and you know I am right..as far as SBM...all I posted are facts..same as ZFX which now is $16....if you read some of the comments posted by others...what I posted was FACTS...others thought I was over the top....ZFX is now a huge success.....not because of me, no, the company did it..I just happend to point the way and SBM are on the same track...moving their head office to Melbourne and growing the company into a bigger entity...also SBM is now in the process to be included in the ASX 200 also a fact, do your own research :2twocents

Hi chicken, What about BMX then?????????????????????
Some good news, as I've closed my short in this stock, it's on the floor and may have some future from here.
As to shorting SBM, that's a bit more risky, though a post I saw from WA forecast gold down to US$450. Can't see it myself, could happen though.
Maybe it's a case of acknowledging SBM are in a high risk sector and the risk reward scenario may build with Ed Eshuys glorious plans.

Request! If you could reply in proper sentences, if you can, that would be appreciated. If you like, in French, German or Jerriais (CI), it would be easier, thanks in advance - all the best.
 
Re: SBM - St. Barbara Mines

chicken said:
Right, LOOK AT PIGS GRAPH... :2twocents

Chicken, further to what Wayne has said already, please do not repeat the same information over and over again. State it once and only repeat it if we need to be reminded for some reason. Posts that are overly repetitive will be considered ramps and removed.

Please be aware that what is considered acceptable over at HC is not necessarily acceptable here.
 
Re: SBM - St. Barbara Mines

Joe Blow said:
Chicken, further to what Wayne has said already, please do not repeat the same information over and over again. State it once and only repeat it if we need to be reminded for some reason. Posts that are overly repetitive will be considered ramps and removed.

Please be aware that what is considered acceptable over at HC is not necessarily acceptable here.
Fair enough....but the move to Melbourne and the soon inclusion in the ASX200....must be great news for all SBM holders...and to repeat that is not ramping but fact...still I shall refrain from repeating that :2twocents
 
Re: SBM - St. Barbara Mines

noirua said:
Hi chicken, What about BMX then?????????????????????
Some good news, as I've closed my short in this stock, it's on the floor and may have some future from here.
As to shorting SBM, that's a bit more risky, though a post I saw from WA forecast gold down to US$450. Can't see it myself, could happen though.
Maybe it's a case of acknowledging SBM are in a high risk sector and the risk reward scenario may build with Ed Eshuys glorious plans.

Request! If you could reply in proper sentences, if you can, that would be appreciated. If you like, in French, German or Jerriais (CI), it would be easier, thanks in advance - all the best.
Noirua...good one...BMX will come right...why....BMX will be the 4th largest producer of titanium in the world...used in the steel and aluminium industry...as soon as the production and financial figures out should see the SP recover..I am holding 200k in shares at 34cents...not worried here will recover...took a little longer than I thought..as far as Gold to $450...PIGS CAN FLY....but, only I say that, as the US are so indebted that Gold has 0.0005% chance to go as low...ALL the EXPERTS are placing Gold at higher price....see www.thebulliondesk.com ....and after all they are the experts....I saw a write up that Gold will go VERY high...why...the US dollar could go for a scate....so, I can see US $800 +....but we will see as far as shorting SBM...risky my friend...why...when the news of their drilling in the Sullivans get released...SBM might let their Jenny out of the bottle..and I hate to see you get burned.... after all those SOG assets SBM bought...are SOG...but the name is SBM..and see SOG production figures which in the next 2 years will be SBM figures...SOG SP was once over $10....so the potential of SBM is actually SOG but by name SBM....all the infrastructure which was build up over years and the costs involved were paid for by SOG...and now belong to SBM...that is why its a risky business to short...look at Newcrests SP..which once was as low as $1.75....now $24...so SBM sp at 59.5cents must be VERY cheap for what is to come....I am sticking to SBM as I can see a lot of muller being made here ... :2twocents
 
Re: SBM - St. Barbara Mines

I am i the only one who reads some of the Fowls posts in open-mouthed awe??? (literally)...
 
Re: SBM - St. Barbara Mines

chicken said:
...as far as rub92me do your research before posting as it shows you have not got a clue...there are no opies for sale in sbm...JUST SHARES.....
Chicken, calling people names is also not in the spirit of this forum. Just because I find your tireless ramping annoying, doesn't mean I'm 'thick' or 'clueless'. I know SBM doesn't have ETO options, the remark was made in jest. And for the record, I'm thin ;)
 
Re: SBM - St. Barbara Mines

rub92me said:
Chicken, calling people names is also not in the spirit of this forum. Just because I find your tireless ramping annoying, doesn't mean I'm 'thick' or 'clueless'. I know SBM doesn't have ETO options, the remark was made in jest. And for the record, I'm thin ;)
rub92me...your display of a bum...well what more can I say... :2twocents
 
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