SBR 13.3% 1.7¢ sabre resources limited

Ann: Major New EM Conductor Extends Massive Sulphide Potential, page-41

  1. 202 Posts.
    lightbulb Created with Sketch. 93
    if SBR stood out amongst them it wouldn't have an EV $6 or 7 mill EV

    If you want to invest in a producer then look at something with a much higher EV

    SBR is at exploration stage but not sure about your comment on blind targets.
    They drilled 5 holes recently and 4 have been very good although waiting on lab results.

    Their DHEM results have proven to be accurate when drilled and see no reason to doubt the latest EM survey.
    This is high risk high reward play and if this is not for your sryle maybe wait for test results.

    But I suppose if the lab results are good then the price rises and it may not then look as attractive price rise.

    We would all like to buy stocks with proven results with joint ventures in place at an EV less than $10 mill, how good would that be.

    This is the market, if every stock was priced right how boring would that be.

    Good luck with your decision either way.

 
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