STB 0.00% 40.0¢ south boulder mines ltd

let the colluli elephant run free, page-3

  1. 10 Posts.
    All of which is already priced in. STB is an explorer that wont be producing until 2016. Its trading like any non producing explorer with headline driven swings. Cant peg STB $ resource to potash or commodity prices now when they could be anything in 5 years when they actually get it out of the ground. I like this business but IMO under $2 would be a good entry to alleviate risk against further downside from eurozone or US fallout which of course dumps spec explores SP's pretty darn quick. Bull or Bear on potash STB can go either way with northern hemisphere hiccups, short term anyway. The register is tight, liquidity tight, I like this bet but should play safe given geo-pol risk. Of course wish all holders well. Hope all work's out up north and it rockets for ya.
 
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Currently unlisted public company.

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