I wanted a gold mining company that I can relax with holding, some that I hold been having wide swings of late and it's been testing my nerves. SBM is undervalued, lets say they have $250M, they have 2 Gold mines. If there is deflation the cash should support the share price, if there is high or hyperinflation you have the two gold mines to keep you covered, I have not thought through this part, what may hurt it is inflation and declining gold price so that could happen but would have to wrap my brain around that one. Management could also put their foot in it and ruin it For someone looking to park money and still be exposed to things, I like the idea and it's cheap at the moment for me to do it. My last add was 24 cents, I also bought 27.5c & 28c
SBM Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
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