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SBM $4.88

is sbm positioning itself ???

  1. thewiseone

    20 Posts.

    All debt retired.
    Taipan Resources now running with core gold producing iterests.
    Merger with Defiance, now trading at 55c canadian ($0.67 AUST), still on.
    SBM to push this issue now that their financial balance sheet has been strengthen.
    Recent run to 10c.
    New chairman with existing Chairman and CEO now to focus solely on gold production.
    CEO and other SBM director on the Defiance board as well.
    Options expire in 2/04 at an exercise price well above current market price.
    Either merger to occur or they need stock to rally if they hope to see any of the options exercised.
    Are they getting ready for a run ????

    ANY OTHER THOUGHTS PLEASE.

    NOTE: This is my opinion only and you should not act on any of my comments without seeking professional advice beforehand. Your own individual circumstances are different to mine so this stock may not be appropriate for you.

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