SBL signature metals limited

Looks to me as if the distress sellers have left the scene in...

  1. 26,491 Posts.
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    Looks to me as if the distress sellers have left the scene in the main although there may be an odd mover yet to sell out.
    Difficult to buy below 2.2 cents.
    thegupper,thanks for an excellent post explaining matters to Goatpointer.
    There is not the pressure and momentum in the selling so anytime the momentum could change in favour of the buying side.
    I personally have bought a goodly amount today.

    I remember when "Pattisons " were managing the AZZ rights at $0.25,the SP went below that and then went all the way back up to $0.885 before rolling over,I stand ready to be corrected, check it out everybody.

    Broken ore and tailings are very good too.The shares are at a very low price in my opinion.

    It looks to me as if this one has many positive points including the mining equipment to hand and the ability to refurbish it.It also has Manganese and Gold and could find Much more Gold and Manganese when it looks for it again.

    The above is my personal opinion so no advice is given to any party. Carry out your own research,and take professional advice.
 
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