SBM 1.45% 34.0¢ st barbara limited

gold at 1020 sbm which way will it go hmmmm, page-8

  1. 5,101 Posts.
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    thanks sleeping wolf for taking the time to give me the heads up from your perspective - much appreciated. im a little concerned because i geared up a little too high with buy price of 82.5 cents , so hoping it doesnt correct too much from here. ....i have seen some experts predicting $1,500 for gold so it looks promising from here, especially with subprime backdrop deteriorating further. any further shocks will also support gold prices......i dont have a in depth understanding of SBM operatins but im a big believer in macquarie research, and they are bullish on SBM, so heres hoping it breaks the magic dollar mark in the not too distant future.....no advice.DYOR.
 
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