hotazel, i agree with yanlin and gregoson.
plus market is now starting to price in for the ore reserve upgrade and upcoming plants expansions without cap rising....also speculation of future dividend payment
share price goes up mainly due to investor are forcasting the company earning will go up (growth)in the future. what saracen is doing now is preparing itself for future growth plus rising gold price will also help to boost its profit margins.
Merge/takeover might be still on agenda. a lot of M/A actives happened recently with chinese or other gold miners are sign of thing to come.
strange close volumes, page-30
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)