IMO, the next few weeks many SP stocks around the world will probably be influenced by world debt events. With the downgrade of US credit rating, and debt crisis in Spain and Italy. These "perfect debt storm" will very likely cloud any potential good news coming out from SBL. IMO, prefer for SBL good news to be released, only after the world market sentiment which is very bearish at this point in time, pass over.
Glass half full, in troubled times like this, if we were to invest in any resources, the best would be gold stock. When there is problems in the world, investors will run to gold. In that sense, hoping that SBL will be ride out this problem better than other resource companies over the next few weeks.
Quantum46 Do your own research
SBL Price at posting:
1.8¢ Sentiment: Hold Disclosure: Held
