SBM 1.49% 34.0¢ st barbara limited

TAMMY I doubt the POG has bottomed or anywhere near it When the...

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  1. 8,034 Posts.
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    TAMMY
    I doubt the POG has bottomed
    or anywhere near it

    When the POG heads up it will be hard to know which goldie
    will take off 1st
    If the past is anything to go on PRU will go quick
    but its the big producers that will run further
    EVR is my favourite it go the highest

    ML
    Interesting you worry about debt with SBM
    and not with Lynas

    You must have a fascination with 7 cent shares

    Really in the end debt is nothing
    if you are making enough to pay the interest

    Last quarter SBM burnt $1 million cash
    and it was pretty awful quarter with the pull out of gold ridge

    Given that Simberi has improved this quarter
    that should negate the 2 week shutdown

    Things are improving for SBM

    most goldies that have little debt
    have little future as they dont have the reserves SBM have

    Anyhow it is still a couple of years before we see $1500 POG
    see what happens

    Imoo
 
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