lifeboat st barbs

Its readily apparent to me whats happening in the general market. It seems to me that we are sitting on a liferaft looking out to the carnage around us.


I think this share is travelling well ATM and I would expect it to go higher if:

a)General market conditions and confidence improve

b)Further machinations in global markets result in a crisis which leads to the emergence of a Gold Bull Market.

c)St Barbara continues to develop the Gwalia asset to something approaching its potential.

Its going to be interesting. I really would have expected gold to do lot better and that upside is potentialy there however a general market recovery would also result in SBM having a "day in the Sun".

I shall call this the "Goldilocks Scenario" not too hot, not to cold just right.

P.S can Gold please go to $2000 an Ounce US .....NOW