SBS sub-sahara resources nl

re: wrxsti wrong again olympian, page-8

  1. 740 Posts.
    i see it keeps dropping Where is good value???? I fear a lot lower.

    Well, its now below the placement price so expect it to be held down for a bit while investors, or gamblers, protect their capital.

    Olympian, now is your chance. Bargain prices galore!!! Or is it?

    Problem is know that the deposit is worth a lot less than 3 months ago so the SBS should be a lot lower. SGC is now back to the $1.80 valuation price and could go even lower making SBS, again, even worth less, as payment is in SBS shares.

    The value of the project is now worth 50% less due to the fall in SGCs share price....

    The grades announced looks good until you realise they are 300m underground.

    Tubs
 
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