SBM has bottomed and I am all over it..., page-116

@wegian

below is Wegian's post from 2/22 - except for the intervening loss of $2 per share, he may be right !

At an AISC of $3600, their gold nets A$100 per oz, so even incorporating their newly announced 2.8moz reserves, still comes out with a valuation of nil.

Still only worth their cash and even then we know what they're gonna do with it.

If you're not in.....AVOID like the plague!

Wazz




Guys I just bought into SBM as believe it or not thus stock has bottomed and is getting ready for a major reversal...

I'm expecting months of uptrend starting next month and have had this confirmed by a major BUY signal (yellow arrow) on my chart.

My chart is the monthly timeframe which is supported by very bullish lower timeframes.

I believe we are going to see a gold Rush which is due to finishing resources and global instability.

My chart below expecting to see lovely bold green buy candles for the coming months.

I love buying the bottoms it's a hobby of mine.