SBL signature metals limited

from the geos point of view

  1. 1,238 Posts.
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    SBL holders. I'm a geo that has worked in West Africa for sereral years and had the pleasure to work with some of the best geos around all working in that part of the world. I'm a holder in SBL because its one of the most prospective places on the planet for gold - as witnessed by the success of the likes of GRY, AMX, PRU to name a few. My interpretaion of the data that SBL have released is that they are just scratching the surface - or at least the historical explorers have. The only issue I have with the work SBL have done is the lack of it! They have been focussed on getting the plant up and running and have dropped the ball in the exploration and thats where the upside is - and it is the upside that people invest for (correct me if I'm making an assumption here, but that is why I invest).
    Perhaps this takeover is a good thing if the focus returns to exploration? Either way I think the asset is hugely undervalued, and I'm sure that others are watching with a view to acquiring that potential at a higher (more realistic?) price.
 
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