SBM 0.00% 46.0¢ st barbara limited

fridgemy experience with gold stocks is that they will do a...

  1. 2,693 Posts.
    fridge

    my experience with gold stocks is that they will do a massive dilutionary placement to stay afloat before the cash runs out. they always do this with gold stocks. hang on to the last breath. look at fml how many placements did they do. imo next quarter it is when it will happen. they couldnt last two quarters with the gold price at $1260 US and they wont risk trading while potentially insolvent. the convertible note holders owed $335 million US must be getting anxious here. seen it all before so many times with gold stocks. management just their for wages and bonuses. pathetic. stay away mate.

    frosty
 
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Mkt cap ! $376.4M
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2 4200 46.0¢
 

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42.0¢ 5667 2
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Last trade - 16.17pm 04/11/2024 (20 minute delay) ?
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