for speculators

  1. 22,224 Posts.
    i do not hold any sbm securities. however, i cannot help feeling that sbm options provide outstanding leverage to the gold price. admittedly, sbm did not impress with the yearly results, but at present, output is substantially up - which will reduce production costs, the gold price is higher. i think that sbm is well leveraged to any rise in the gold price, which could result in very impressive gains in the options. the downside is that there is only about 17 months for the options to run. i think that the "risk reward ratio" is very good.

    as yet, i do not hold any - i may, or may not buy, but i have plenty of gold shares at present - all bought at least 18 months ago

    happy punting to all
 
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