Club Mulgoa

Friday, September 24, 2010

SBL

If you have read that link on PIR you would have noticed that SBL is on the EV/Resource oz and g/t chart. PIR has gone up > 4x but SBL? Presumably no one read and no one noticed. And SBL has found something else.

http://imagesignal.comsec.com.au/asxdata/20100908/pdf/01096122.pdf

Market behaves strangely. There is a placement but why hasn't the share price climbed like other West African miners over the last 6 months? I think they are all waiting for me to buy some more at a low price... and I have. The price can go up now.

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