Have you read the ANN? Do you understand a gold exploration company needs exploration to keep production up? that has maximum effect not a “little effect”, it is the reason for SBM’s very existence.
I see that no one has really digested the ANN on this forum all day. The exploration has been suspended. Did you see that?
I think it is you who are trying to be misleading by not referencing the ANN, ignoring the newsflow or belittling its importance and just providing Cursory comments about Barrick that could very well indicate what PNG might do to SBM at the end of its lease, it is extremely disingenuous to say no effect to SBM, to SBM holders if no one else.
They have suspended guidance due to COVID-19. I was a little worried about that and as a holder, reduced my optimism for this stock to a hold even though I think it should be above $4.
Now I hope SBM maintains its level above the bearish resistance but given its recent trading patterns and newsflow, I remain unconvinced.
I do not live in hope, I live in F/A, newsflow and T/A.
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24.0¢ |
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Mkt cap ! $196.3M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
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2 | 52553 | 23.5¢ |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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9 | 231720 | 0.230 |
9 | 574444 | 0.225 |
13 | 391526 | 0.220 |
4 | 156976 | 0.215 |
Price($) | Vol. | No. |
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0.240 | 791523 | 14 |
0.245 | 165312 | 8 |
0.250 | 410312 | 13 |
0.255 | 330400 | 5 |
0.260 | 258443 | 7 |
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