Allstocks.com's Bulletin Board: Profits from WGDF going to SBB

This is topic Profits from WGDF going to SBB in forum Asia, China and Canadian Stocks at Allstocks.com's Bulletin Board.

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Posted by BCmouser on :

Took some profits in WGDF- picked it up at a .325 average a few months back. Sold at 1.54 friday and it closed at 1.58. Still hold 10,000 free kickers tho.
But I have been buying SBB with the proceeds of a few others from 1.35 up to 1.42, I feel this is the next undervalued silver/zinc play to get into. Will be buying more at these levels.ALL JMHO

Posted by BCmouser on :

SBB's Hackett River resource is openpit (43-101 compliant)
AT 5 ozs per tonne equiv silver cutoff they have
130million ozs silver, 1.8 million TONNES zinc, 280 million lbs copper .
500 million lbs lead and 470,000 ozs of gold.
Add to this that SBB has over 16 million in cash, 4,000,000 shares of WLF ( currently at 4.25) AND some other great properties.
Del Norte here in B.C. looks very good but is early stage - their other plays are in the RedLake mining camp .

Posted by paulbest on :

I'm reading you dude. Notice how whatever Jason Hummel picks and sends out a notice, afterwards which the stock flys up 100+ %.
I'm glad you don't have a news letter, as I get the stock at a real bargin.
You da man.
BC do you subscribe to the Northern Miner?
We do online, but lately I've not looked at it?
FRom where do you locate these obscure/hidden mining stocks?

Posted by AlHamilton on :

It's slipped below both the 50 and 20 MA lines. Why isn't it finding any support at this level? Thanks.

edit: img tags don't seem to work here. Chart link...

http://stockcharts.com/h-sc/ui?s=sbb.v&p=D&b=5&g=0&id=p86916909173

Posted by AlHamilton on :

Just thought I'd clear up the above question. I didn't mean to come across as critical by any means. I was just questioning the chart mechanics, from an "eternal student of the charts" seat. Hope that clears it up better.

I've been following you around for a little while, BC, and learning. [Smile]

Posted by BCmouser on :

Sorry I dont follow TA much as I am not really a short-term trader. Many stocks in my portfolio i have held for over a year, WEX, CMM, etc.
Mostly I look for good value and I habituate many stock boards where i get ideas . I then go on to find out if there is value as compared to peers in the market place. SBB is one of those that you have to look around long and hard to find as good a value as far a determined resource is concerned.
What I do believe has been holding the stock back of late was some insider selling- scared a few out of the stock.
But silver is jsut beginning- the run may end a few years from now at about 100$ an oz or something. In that tiem SBB will do many multiples of the PPS today. but JMHO

Posted by BCmouser on :

PS grabbed some more SBB today at 1.43