SBM 1.41% 35.0¢ st barbara limited

building a reliable platform, page-10

  1. 1,802 Posts.
    lightbulb Created with Sketch. 23
    thanks everyone for your input

    Some gold plays out there
    http://www.theaustralian.news.com.au/business/story/0,28124,25379429-36418,00.html

    Gold Investment 'to rise' after IMF forecast - Thursday 23rd April 2009
    http://goldnews.bullionvault.com/Goldbug/gold_economy/gold_investment_to_rise_after_imf_forecast_19137177

    Commodities a golden investment opportunity
    http://www.theaustralian.news.com.au/business/story/0,28124,25347678-5001942,00.html

    I know SBM is higher cost producer, higher risk, but still take calculated risk u might be rewarded.
    Also i like the new mgmt straight forward recent announcement.

    So my strategy give some time till June and we'll see how it goes. But my gut feeling says it will be atleast 25 to 30% better than current price. Even next week it might reach 35c with POG to $935.

    Lets hope for the best.
 
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