SBR 7.14% 1.3¢ sabre resources limited

update, page-132

  1. 148 Posts.
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    Its sad you have lost faith in SBR Yanlin. I understand there is a lot of frustration in the air. But I think if more people picked up the phone after not receiving information within 3 weeks, then I think SBR would be more inclined to issue more regular news...especially when there is little progress... These guys are brilliant geo's; not exactly MBA graduates.

    With regards to BBW, I can't say why they would pummel the Share Price like they did. There is a concern with Corporate Governance (due in large part to the single largest shareholder), but I would prefer the main shareholder driving the company...I can remember a bunch of Geos running a gold exploration company out of South America, they were sinking drill holes like no tomorrow, and unfortunately not enough carefull planning on how to spend their budget. I would prefer SBR take a prudent approach to drilling, but would just hope that drilling activity picks up!

    I am still very confident in the land holding. And I do know that the boys at SBR are as keen to prove that Guchab has the works as much as some of us are as frustrated at the Share Price.

    In my opinion, SBR have an asset worth investing in, and cash to invest it in...Let the drill do the talking...

    Sutto
 
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