SBL signature metals limited

some high level perspective

  1. 10,142 Posts.
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    I have just been reading the latest posts on the SBL thread and a bit of tention and blaming management or whatever for SBL's share price.

    Here is my simplistic view of the Gold sector that i just did in the last 15 minutes while watching Australia's Got Talent playing in the background. So this analysis is very simple.

    Firstly, this is the SBL thread so here we go.

    SBL:
    compareSBL

    RED:
    compareRED

    AZM:
    compareAZM

    CTO:
    compareCTO

    NCM:
    compareNCM

    SBM:
    compareSBM

    RSG:
    compareRSG

    OGC:
    compareOGC

    CEBBIE's conclusion after viewing all these chart for the first time ever in one go:

    1. The share price for all the gold companies above are well below their highs

    2. Before April 2011 the share prices in all were rising, and then sice 14th April 2011 they have all been dropping.

    So yes SBL has dropped and we blame the cap raising and we blame management, BUT.... what are the excuses for the other companies??

    Now i am not going to post 3 more charts for EVG, AZH and GOR. But they were recently recommended by Dr Alex on the D & D report so these gold coys are exceptions and the share price went up. BUT..... since 14th april 2011 their share prices have been heading down like the rest have !!!

    So, can anyone tell me if there isn't a similarity between the companies i put a chart for?

    thanks

    CEB2
 
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