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SBM - St Barbara Limited

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Re: SBM - St. Barbara Mines

noirua said:
- 20/12/06 - post 764


Errmmmmmmmm, no comment.........
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So what...I am a LONG term investor...this is going to bite you in 12 months maybe sooner..why...look what was said about the SULLIVAN...a 18km strike length in NICKEL and they are assesing how much they have got...NI now nearly $40k a ton....so your upside will be very sudden....2 traders or brokers are working this stock....watch for updates as it will surprise....especially NICKEL
 
Re: SBM - St. Barbara Mines


Chicken, what trading platform are you using to see these traders/brokers, or how do you know this?
 
Re: SBM - St. Barbara Mines

Dr Doom said:
Chicken, what trading platform are you using to see these traders/brokers, or how do you know this?
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The ASB bank in NZ..gives you the amount of buyers and sellers....2 brokers playing....that way you see what is happening....the 2 brokers sell it down or up...also noticed in the last 2 days...they are no longer selling...intresting I thought....also re Sullivan....look at their last report its all there....
 
Re: SBM - St. Barbara Mines

Chicken, the question was how do you know it's 2 brokers doing this buying and selling.......
 
Re: SBM - St. Barbara Mines

kennas said:
Chicken, the question was how do you know it's 2 brokers doing this buying and selling.......
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You can beliefe me as I got this information from a relaiable source....be happy SBM is showing signs of life....look at BDG things are starting to heat up.....POG going higher...also how are your SMM shares...spot price of U now US$80......as my mate at HC said will be US$100 soon...cigar lake...8 years they say no production...the German scintists are saying NEVER as Radon present....human will die there...
 
Re: SBM - St. Barbara Mines

chicken said:
You can beliefe me as I got this information from a relaiable source....
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Thanks Chicken that clears it up, but it's not really the type of source information appropriate on ASF. A 'relaiable source' could be just your mum really?? I'm sure she is relaiable though.....
 
Re: SBM - St. Barbara Mines

kennas said:
Thanks Chicken that clears it up, but it's not really the type of source information appropriate on ASF. A 'relaiable source' could be just your mum really?? I'm sure she is relaiable though.....
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Do you think I will tell you...?? Its from the industry...cant tell you who as the person would lose their job...not prepared to tell...but its relaiable....happy days again SBM starting to show life...look at BDG...someone wants them badly...I wonder who......will be a great little moneyspinner for SBM....well done by ED
 
Re: SBM - St. Barbara Mines

kennas said:
Thanks Chicken that clears it up, but it's not really the type of source information appropriate on ASF. A 'relaiable source' could be just your mum really?? I'm sure she is relaiable though.....
Click to expand...

Disrespect other people's mum is very bad. You must be drunk. IMHO, you have to say sorry.
 
Re: SBM - St. Barbara Mines

Evidently 'chicken' has the inside on bird flu too, (chickens turn into migrating birds on their long distance flights)porkpie
 
Re: SBM - St. Barbara Mines

I am of the opinion that Chicken holds alot of SBM stock and is finding it hard to let go, that is why he only squawks good news/upside. Perhaps his money could be working alot better for him in other stocks but his stubborness for the turnaround seems absolute. Good luck to Chicken and I hope this stock does start climbing back up soon. I have no idea why it dropped to under 50c but it seems steady at 51c. I am out of this stock and have invested my dollars elsewhere. Ready to get back in when there is some good news as I still believe this to be a good long term stock.
 
Re: SBM - St. Barbara Mines

You know maybe he is not wrong, every time this one looks like getting up off the ground there is a seller appears later in the morning at the high or just above for around 450 thou shares and after a few days or sooner down it goes to .48/.475?? Maybe there are a couple of kiwi AHs doing just this. I got out of some Friday at .515 there was no sell off Friday now here is again. Or maybe it is my imagination.
 
Re: SBM - St. Barbara Mines

Strange indeed, I had a sell up at 53 cents and it looked just about to go, then bingo back to 50 cents wth accumalation bids up within seconds .

Chicken may be squawking some truths .
 
Re: SBM - St. Barbara Mines

Reasonably favourable court ruling, SBM comes away with having to pay $700k instead of $9.7m. This gets one unknown out of the way.
 
Re: SBM - St. Barbara Mines

noirua said:
The Sons of Gwalia saga goes on and on: http://www.delisted.com.au/Company/7589
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Noirua...tell me what has SBM to do with SGW..SBM bought the GOLD assets from Sons of Gwalia...nothing more and nothing less....this thread is SBM not about a company which went belly up...SBM has no other business with Sons of Gwalia..so give it a rest, and concentrate what we are about at SBM...after all who cares its water under the bridge which DOES NOT AFFECT SBM.....if you wish to read about other companies demise do so on the sons of Gwalia thread...as IT DOES NOT CONCERN SBM what their story is....SBM BOUGHT THE ASSETS FROM SONS OF GWALIA...did you get that...anything else is NOT RELEVANT....SBM IS NOW PRODUCING GOLD AT 177000 ozs per year....and growing bigger...aiming to produce 500kozs Gold by 2009....and aiming to produce 1million ozs by 2010....thats what is important not the SGW story..which is old hat now ...
 
Re: SBM - St. Barbara Mines

Open Briefing: http://www.asx.com.au/asxpdf/20070216/pdf/310zwfrpmr4cc0.pdf

Half Yearly Financial Report:
http://www.asx.com.au/asxpdf/20070216/pdf/31100jw33tfq8f.pdf


Fund raising looks to be the question market that prevents this stock from rising to last years peak. Providing all goes well at Gwalia Deeps, the company becomes cash positive, on that investment, in 2009/10. Exploration cost is $20 mpa. Quite a lot depends on the gold price with so much expenditure down the line.
 
Re: SBM - St. Barbara Mines

noirua said:
Link to above: http://www.thewest.com.au/default.aspx?MenuID=32&ContentID=21235
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Right...another saga under the bridge FROM FORMER X EMPLOYEES which SBM has no responsibility...give it a rest as SBM is NOW a completly different company....what happened 7 years ago is now finished and the $700k they paid..is not sending SBM to the wall....this group is growing..and raising money is no problem for them....also ROBOT trading by brokers here in a big way check it out....this will become good stock....SBM has got the right management to go to the next level....
 
Re: SBM - St. Barbara Mines

Following on with the scoping study by Sons of Gwalia at Gwalia deeps, completed in Dec 1999. Exploration then showed a probable source of up to 2 million ounces at depths between 1,000 metres and 1,400 metres - quite a challenge.
 
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