Australian (ASX) Stock Market Forum

SBM - St Barbara Limited

Re: SBM....St. Barbara Mines

chicken said:
Did anyone see the TV Business news re NEWMONT President CEO....said Gold will be around $525...by February2006....and in the next 2 years will be as high as $1000.....that is from the CEO Newmont Gold company.....so it looks as if SBM will be worth a lot more than present price.....watch this share I bought more on friday for 28.5 cents.......also I see a few overseas orders for more than a million shares lately.....do your research :2twocents


dammit ;) hit my stop loss at 28.5 ahhhhhhh sold to you aye chicken :cautious: :swear:
 
Re: SBM....St. Barbara Mines

chicken said:
Did anyone see the TV Business news re NEWMONT President CEO....said Gold will be around $525...by February2006....and in the next 2 years will be as high as $1000.....that is from the CEO Newmont Gold company.....so it looks as if SBM will be worth a lot more than present price.....watch this share I bought more on friday for 28.5 cents.......also I see a few overseas orders for more than a million shares lately.....do your research :2twocents

here is a link to a related article:

http://www.theage.com.au/news/busin...s-golden-future/2005/11/27/1133026347690.html
 
Re: SBM....St. Barbara Mines

sam76 said:
ALSO,DID ANYONE READ THEIR LAST ASX anouncements...DIRECTORS BUYING SHARES.....one bought 1 million shares ...at market and MR WISE bought another 200k shares for $63000 plus brokerage...now has 3.3 million shares...now that is intresting...do they know something which will be released in December 2005....maybe the Nickel results will be released...keep an Eye on this one I bought more...as I feel there is good news on the way...see what Jubilee said...after all they are in the same area re Nickel....
 
Re: SBM....St. Barbara Mines

chicken said:
ALSO,DID ANYONE READ THEIR LAST ASX anouncements...DIRECTORS BUYING SHARES.....one bought 1 million shares ...at market and MR WISE bought another 200k shares for $63000 plus brokerage...now has 3.3 million shares...now that is intresting...do they know something which will be released in December 2005....maybe the Nickel results will be released...keep an Eye on this one I bought more...as I feel there is good news on the way...see what Jubilee said...after all they are in the same area re Nickel....
Big white candle on this one....going higher look at the gold price......$520.40 looks like another move north.... :2twocents
 
Re: SBM....St. Barbara Mines

Red, he still got 31million options.....maybe just a little Xmas money for bills we all got them....53million shares traded.... :2twocents
 
Re: SBM....St. Barbara Mines

i'm just curious here... what is with the sudden increase in volume today (52 millions +)? is there something going on OR going to happen? :confused:

cheers!
sc
 
Re: SBM....St. Barbara Mines

saichuen said:
i'm just curious here... what is with the sudden increase in volume today (52 millions +)? is there something going on OR going to happen? :confused:

cheers!
sc

One special block trade of near 50,000,000 accounts for most of it.
 
Re: SBM....St. Barbara Mines

excuse me from being ignorance here but what's a special block trade? also, do you know who traded that block?

cheers!
sc
 
Re: SBM....St. Barbara Mines

saichuen said:
excuse me from being ignorance here but what's a special block trade? also, do you know who traded that block?

cheers!
sc

Try RCF11 ...
 
Re: SBM....St. Barbara Mines

BIG WHITE CANDLE formed....so you experts know what is going to happen...looks as if I will win again the competition for December with this stock....i am holding again a fist full of these and do your research....where the price will go to...where are the chartist....SBM just got another $7 plus millions as the 49.5 million shares where options which capital sold to a Institution...to open the books up a little...so you experts please comments as little CHICKEN very happy again... :2twocents
 
Re: SBM....St. Barbara Mines

bought a packet at 28.5 - I'm also very happy. Liked the look of the chart then and thought it would take off soon. Couple this with gold at $700Aus+. Chartists are pretty pumped for another lift considering that some instos just bought in! go chicken haha - much better than mgx for now
 
Re: SBM....St. Barbara Mines

powwww said:
bought a packet at 28.5 - I'm also very happy. Liked the look of the chart then and thought it would take off soon. Couple this with gold at $700Aus+. Chartists are pretty pumped for another lift considering that some instos just bought in! go chicken haha - much better than mgx for now
you are right though MGX is going to have its place in the sun as well....and the other one I like is MAP...ready for rerating in 2006....as far as SBM yeah I bought back at 25.5 cents and same as you 28.5 cents...some people are kicking themself of having sold...me like ZFX...now its $5.96 unbelievable and my target was $4...now 50% above my forecasts.....but thats the way the cooky crumbles...SBM is dlivering the goods...MGX in 2006.... :2twocents
 
Re: SBM....St. Barbara Mines

Chicken - you are the man! Thanks...overtaken Baglimit as the supreme stock tipper in my books!
 
Re: SBM....St. Barbara Mines

Need some help ,maybe from chicken or someone that understands accounts.
In the June quarter total gold sales were 83,646 oz at a cash cost of $341
per oz this was recorded in their accounts (1.2 c production ) at a total cost
of $22,763,000 which doesn't seem right e.g (83,646 x $341 = $28,523,286 )

In the Sept quarter total sales were 53,554 oz at a cash cost of $346
yet in the accounts this came to $22,643.000 only $120,000 less than the last quarter, yet in the last quarter there was 30,000 oz extra mined these
figures don't add up.
 
Re: SBM....St. Barbara Mines

trader said:
Need some help ,maybe from chicken or someone that understands accounts.
In the June quarter total gold sales were 83,646 oz at a cash cost of $341
per oz this was recorded in their accounts (1.2 c production ) at a total cost
of $22,763,000 which doesn't seem right e.g (83,646 x $341 = $28,523,286 )

In the Sept quarter total sales were 53,554 oz at a cash cost of $346
yet in the accounts this came to $22,643.000 only $120,000 less than the last quarter, yet in the last quarter there was 30,000 oz extra mined these
figures don't add up.
Trader please email the company as you are right the figures do not add...also looks as if SBM is pushing through to 45 cents...a lot of buying out of Europe....noticed I am trying to refrain from posting in the competition I was going to take MGX but some one beat me to it...Gold is still rising and the trend is my friend.....Joe this would be a record to pick the same stock 4 times to win a competition unbelievable..I am holding a good size Shares in Sbm.....next stop 45 cents,.....look at ZFX unbelievable... :2twocents
 
Re: SBM....St. Barbara Mines

Southern Cross Equities Limited (Syd) became an 8% shareholder of SBM, purchasing approx 40,000,000 shares today.

Has anyone heard of these guys before?
 
Re: SBM....St. Barbara Mines

Now I call all you chartists..SBM is in a traingle formation..and check it ,a breakout is imminent to 40 cents ,lots of buyers I am holding..this is going to be my next ZFX....unbelievable...... :2twocents
 
Re: SBM....St. Barbara Mines

while a break out to 40 cents would be a nice xmas present it will have to get through the lastest pull back in the gold price. some are thinking that this pull back could go on for a few weeks and gold could retrace to 475 before starting its next run... hope sbm can hold its current price through this time. today its off a liitle maybe due to the drop in gold. ANY THOUGHTS!
 
Re: SBM....St. Barbara Mines

tony2252 said:
while a break out to 40 cents would be a nice xmas present it will have to get through the lastest pull back in the gold price. some are thinking that this pull back could go on for a few weeks and gold could retrace to 475 before starting its next run... hope sbm can hold its current price through this time. today its off a liitle maybe due to the drop in gold. ANY THOUGHTS!
We are all waiying for news from head office re its down a little..Traders are shaking the tree to get some shares cheap....waiting for the nickel report :2twocents
 
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