SBM 1.45% 34.0¢ st barbara limited

I was interested in SBM when they were trading above 80c, so...

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    I was interested in SBM when they were trading above 80c, so with this correction, comes opportunity to buy in for the LT.

    Note that after every correction, there is upward movement.

    Last correction in the POG was in May 06 and now Apr 08.

    So if the correction is pretty much over and the base has been found, and if we are going to move upward then I think SBM has a great future >>> atm 170,000 ounces of GOLD, increasing to 450,000 at end 08 >>> hoping to achieve 1,000,000 ounces by 2010.

    Question - Do you want POG at $1,000 and 170,000 ounces OR

    - Do you want POG at $850 and 450,000 ounces ???

    I think there is more profit in the latter.

    Looking to buy this week.
 
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