Sable Mining Share Discussion Threads

[marmar80] 26/5/2016 10:02

I'm not sure if this is a good idea, but seems to be a good moment to buy a few

[marmar80] 26/5/2016 09:53

True. I'm not even able to sell, cause the value of my holding here is below acceptable mininum. Lock in forever my think.

[festario] 26/5/2016 09:46

Looks like someone knows something we don't, as usual. 60% down in 2 months, and nearly 30% down today already.

[festario] 25/5/2016 15:50

Nah, I've heard it all before, and these companies simply exist to serve the directors for a few years, and rip off investors.I'm sure there'll be a pump and dump at some stage, I just need to get out at that point. (hopefully). Been holding these far too long.

[the stinger] 25/5/2016 15:44

Can see this being took over,,,probably by CITIC. Cheap offer, assets are very good quality still. Sblm's 80% IO is in WAE. Not sure how/if this will pan out however over£100m spent to date. At £10m MC would be a bargain T/O.

Getting very cheap looking at the mo,,if the investigation goes sable's way and project intact then its a bargain share price Probably still is without the IO given the coal deal (if done) can be a game changer itself..

[festario] 25/5/2016 15:24

Looking more and more like a scam this, unfortunately, because I hold a shed load, but it seems to be heading for bust.

[festario] 20/5/2016 13:23

This is effectively down 45% in the last 2 months, compared to what I could sell at in March.

[nick rubens] 16/5/2016 15:43

That article is now yet another reason which will keep buyers away from SBLM IMO. It will be difficult for day traders to confidently pump this now.

Risk reward is not good as cash running out fast IMO.

[festario] 16/5/2016 09:35

Yes Nick, it's looking ever more like an AIM scam.I could sell 2m for 0.66p in March, but today only 0.39p.All that talk about 'big' projects being moved forward 'urgently', then 8 months of total silence and decay.It stinks doesn't it?If there was all this bribery as the article says, it doesn't seem to have helped the company one iota.

[nick rubens] 16/5/2016 08:49

Just read the Global Witness article.

Doesn't look good here then.

[festario] 13/5/2016 15:18

Surely there must be some kind of update on this dog soon?At least it's still over 0.5p to but, that's something I suppose.

[nick rubens] 09/5/2016 08:23

Yes, I fear another AIM tears job here for Investors.

Might be ok for a poker style trade if one is lucky. But most will be unlucky.

SNRP used to be one of my holdings, It had resourses at 10 times what was forecast on flotation and yet long term shareholders got only losses.

[the stinger] 06/5/2016 17:32

Nick, around £180m spent to date!!!. MC now £5m !.

[festario] 06/5/2016 16:37

Nick, Hookers and Champagne don't come cheap I'm afraid.

[nick rubens] 06/5/2016 16:17

Cash must be very low now. Started with around £67 million back in 2011.

Down to what? £4m at 30th September last year?

That's a lot of millions gone. :(

[aganatra20] 06/5/2016 16:15

Yup. Been quite a while in regards to the project. Maybe they've forgotten about it :-0

[festario] 06/5/2016 15:56

Wow, these are getting dumped big style today. I'm buying again below 0.5p, news from this company is long overdue.

[fillipe] 04/5/2016 12:23

Some quite chunky buys, these past days. Sufficient to mop up for the persistent seller. The latter will eventually dry up, as they always do.

f

[festario] 29/4/2016 15:45

The chart is a thing of beauty, ready to turn up sharply?We could really do with an update on that project that was being pursued with 'urgency'

[markten33] 26/4/2016 18:34

Botswana diamonds PLC is now up over 130% over the past month. It's my best performing stock this year

[festario] 26/4/2016 15:50

I am, every time it eases back to 0.5p, I'm back in for more!

[nash81] 25/4/2016 00:36

mining sector is making a comeback guys. MORE punters will be buying mining shares soon.

buy and hold these SBLM while its still cheap