STB 0.00% 40.0¢ south boulder mines ltd

buyers back, page-16

  1. 3,159 Posts.

    $1 is simply a number... Deciding not to buy because its a dollar is not a very logical conclusion.

    MAK has amazing prospects, huge earnings potential and in my opinion MAK at 1.62 is cheap and relatively safe. Its got much higher to go in the med-long term. Another bonus with MAK is the risk vs reward is exceptional. It may drop to 60c (unlikely) or it may go to $5 (realistic if Phosphate prices hold) MAK MCap is still only 70mil.

    Now, STB is tiny, MCap of 10mil... It doesn't really have a sure resource yet, it just got licenses to explore.

    In my opinion MAK is a better/safer BUY at 1.62 then STB is at 19c... But it doesn't hurt to take a high-risk punt on something that may very, very quickly become $1 if you are not concerned about seeing your investment vanish when/if things don't work out.

    I hold both MAK and STB.
 
watchlist Created with Sketch. Add STB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.