STB 0.00% 40.0¢ south boulder mines ltd

is it a good buy, page-28

  1. 3,134 Posts.
    repeat post #2797559 for those who miss it.

    Whichever way you look at it, it is a buy.

    a) Fundametals: STB is applying for more than 5 tenements around the Cardabia area. If you pay 20c for two tenements, what would you pay for 10 tenements? Say double current price ie 50c.

    b) Wave theory: 1.618 times the length of wave 1 (20.5c) + the low of wave 2 (16c) = 49c.

    c) Chart: Cup and handle forming. Looks like one to me. Chartist can check this out for me. Thxs.

    d) Sector: You got to admit this is a hot sector.

    e) Conspiracy theory: Oil cartel pushing up price of fertilisers to make biofuel uneconomical.

    f) Politics: China imposed tariffs on export of phoshate. This is a nice way of saying export of phosphate is banned.

    Please circle correct answer. A, B, C, D, E, F or all of the above. For some, it would be none of the above!
 
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