Haha, I love the enthusiasm. I am thinking that the surge in the Aussie dollar reduces USD denominated debt and that is part of the strength above. I still have my original stake at 14c wish it was much larger and my trades on surges and pullbacks were not spot on with this one. Simberi has some very good exploration potential but the asset needs to be proven to get near your targets. I should have kept averaging up instead of trading as it would have been more lucrative in the long run. I am going to wait and see what happens with SAR once drill results are out and 5 year plan. You are dead right with reserves and resources thou I think the market appreciates long life potential because it's about getting a consistent production to ten years and these ones will eventually shine brightest. Not as easy to add cheap reserves and resourses as people think...
SBM Price at posting:
$1.25 Sentiment: Hold Disclosure: Held