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Santa Barbara Resources Ltd V.SBL



TSXV:SBL - Post by User

Post by bwk1on Sep 14, 2013 11:48pm
330 Views
Post# 21741010

Undervalued

UndervaluedStill cant beleive how undervalued this stock is.  I cant think of any other junor exploration company with a market cap of 1.5 million, made up of only 24 million stares outstanding and have a fully paid 5000m exploraton program payed for them this year.  They are operator of project which means... they will control the frequency of news releases of drill results.  If they hit anything, which im putting my money on it that they are.  It took a surprisingly long time to close the deal with alto.  Alto re confirmed what they were getting into.  Not only that they have done extensive planning on drill placements with rios help.  But one cant complain too much about the current prices though.  As the saying goes, buy low sell high.  Im aiming for a at least a 10-15 bagger on this one... to be conservative.  
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