SBR - Sabre Resources

[over9k]

Tip for old farts:

There's a site called "urban dictionary" which translates these newfangled slang terms. You should have a swell time, and there's no malarkey.

 

[Xendragon]

The nearology is strong with this one ...

 

[Clansman]

The nearology is strong with this one ...

If I remember correctly, Dame Nellie Melba's sister couldn't sing a note.

 

[Xendragon]

If I remember correctly, Dame Nellie Melba's sister couldn't sing a note.

Could be, but if she looks pretty the punters will take her to the races.
They just dump her later if she don't put out.

 

[Metal Teeth]

Well well well, down a bit probably due to the hype settling and profit taking. I have a theory but no empirical experience on the matter; would it be right to assume it will rally once drill samples are produced, and then more once the gold starts selling? And if the company has no other lucrative project on the go, the line will go down once the gold starts running out?

Either way, glad I got in cheap.

 

[over9k]

Yes. Serious possibility of striking plenty more as they explore more though. Might be time for me to pull the trigger today.

 

[frugal.rock]

So, Sabre rattling my interest in it again, purely off technicals.
Some charts.
6 month, daily and month daily.

Some thoughts.
After a decent gap up early September, we see a nice long consolidation, with minor double bottom cheeks and today's bar possibly signalling the shift out of this trend.
Largest volume bar forming today for over 3 months, it may beat the 4 month mark yet.
I bought in today off yesterday's "stirring" or "murmur", if you will, and today's subsequent follow through. I note, there has not an announcement for 3 weeks or so.

Will post the latest announcement highlights below, for convenience.
Cheers.


ASX ANNOUNCEMENT
17 December 2020 ASX code: SBR
RC Drilling Contractor Secured for Bonanza Gold Project.
Drilling Is Expected at End of January.

Highlights:
➢ A Reverse Circulation (RC) drilling contractor has been secured for the Bonanza Gold Project

➢ RC Drilling is expected to commence end of next month: January 2021

➢ Aircore drill samples from the reconnaissance program were submitted to an accredited laboratory for gold and pathfinder element analysis in mid-November

➢ Holes were drilled to an average depth of 30m along traverses with 49 holes drilled for a total of
1,427m

➢ RC drilling is intended to test the gold/pathfinder anomalies at depth below the weathered profile
tested by the Aircore program

 

[Miner]

So, Sabre rattling my interest in it again, purely off technicals.
Some charts.
6 month, daily and month daily.

View attachment 117844

View attachment 117845

Some thoughts.
After a decent gap up early September, we see a nice long consolidation, with minor double bottom cheeks and today's bar possibly signalling the shift out of this trend.
Largest volume bar forming today for over 3 months, it may beat the 4 month mark yet.
I bought in today off yesterday's "stirring" or "murmur", if you will, and today's subsequent follow through. I note, there has not an announcement for 3 weeks or so.

Will post the latest announcement highlights below, for convenience.
Cheers.


ASX ANNOUNCEMENT
17 December 2020 ASX code: SBR
RC Drilling Contractor Secured for Bonanza Gold Project.
Drilling Is Expected at End of January.

Highlights:
➢ A Reverse Circulation (RC) drilling contractor has been secured for the Bonanza Gold Project

➢ RC Drilling is expected to commence end of next month: January 2021

➢ Aircore drill samples from the reconnaissance program were submitted to an accredited laboratory for gold and pathfinder element analysis in mid-November

➢ Holes were drilled to an average depth of 30m along traverses with 49 holes drilled for a total of
1,427m

➢ RC drilling is intended to test the gold/pathfinder anomalies at depth below the weathered profile
tested by the Aircore program

Hi
@frugal.rock
are you still interested in SBR with the RC result is still due since it was published on 8 Feb?

 

[frugal.rock]

Hi
@frugal.rock
are you still interested in SBR with the RC result is still due since it was published on 8 Feb?

My apologies on taking 2.5 years to respond Mr Miner. ?
I'm here accidentally as well. ?

I haven't been following it of late, but perhaps I should have been.
Last posted SP was $0.012...
A chart, daily.

 

[Miner]

My apologies on taking 2.5 years to respond Me Miner. ?
I'm here accidentally as well. ?

I haven't been following it of late, but perhaps I should have been.
Last posted SP was $0.012...
A chart, daily.

View attachment 159243

@frugal.rock
No worry

 

[Miner]

@DrBourse
Have you recently looked into this and your thoughts please.
Ironically, they have probably splitter the shares from its position 12 months back.

 

[Miner]

SBR is making some interesting turn around. It used to be a favorite stock from @Agentm who is no more seen on ASF for more than 5 years.
I had plan to use for Sept tipping but with recent rises over last two days and probably tomorrow, I need to look for something else.

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02701661-2A1468677?access_token=83ff96335c2d45a094df02a206a39ff4

 

[Miner]

SBR is making some interesting turn around. It used to be a favorite stock from @Agentm who is no more seen on ASF for more than 5 years.
Often market reacts queries like this so tomorrow will be interesting, I have been looking at it for Sept tipping but with massive rises in last two days, today and probably tomorrow, lost motivation to tip
Probably it is the sniff of Lithium giving a knee jerk to even dead stocks

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02704959-6A1165596?access_token=83ff96335c2d45a094df02a206a39ff4

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02702090-6A1164648?access_token=83ff96335c2d45a094df02a206a39ff4

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02685899-6A1157982?access_token=83ff96335c2d45a094df02a206a39ff4

 

[Miner]

Posting again probably

 

[Miner]

Looking back, I wished to change my order/priority for the tips and chosen SBR instead
It is all about timing

 

[Miner]

Looking back, I wished to change my order/priority for the tips and chosen SBR instead
It is all about timing
View attachment 162060

View attachment 162059

I said this in Sept but did not walk the talk and did not provide SBR for Oct tip. Gees, what was a jump. So hoping for a repeat game in Nov and putting my tip SBR for Nov .
Looking into capital raise twice and jumped volumes prior to selling some innocent SI at a remarkable high price, I got a feel that there could be something clever strategy as typically happened with junior explorers to bump the prices . So DYOR and enjoy the attachments .

 

[Miner]

SBR appears to be highly confused to know the right direction.
Going by the U238 quality 5,194 ppm eU3O8 could be attractive when I see Yellirriee (BHP did not pursue due to lack of permit) had about 1060 ppm (please double check) and it was great back in 2010. But market punished the stock - so there must be something in between the lines was read in the announcement
Probably on 2nd Jan, SBR announced about Nickel and this metal doing miserably
Historically SBR asked an SI to invest @4.1 cents in Nov 23 and look at the price