I think this company has lost alot of loyal long term share holders by their perceived lack of progress and long time periods between reporting. A shame really as the longer term story appears good. This can be seen by the 5 month downtrend which is still in place.
Now they are finally drilling Kaskara but only drilling the bits which are expected to be lower grade. Also I'm not sure about this but isn't the wet season about to start which prohibits or impedes drilling??
I will start to take notice when I see a solid and sustained break of the downtrend with Volume ie for a week or more as I have been burn a few times before with this stock and I expect others have had a similar experience.
So not very excited....maybe on ann of some good drill results that may change
SBR Price at posting:
25.5¢ Sentiment: Hold Disclosure: Not Held
