If you guys believe so firmly that gold price will be $2000 soon then go ahead and buy CFD/future/call options/etf, why put your money in SAR? The market clearly doesn't think that gold will be $2000 soon and SAR management needs to use the best available information to make decisions, and in this case, it is to shed high cost operations to bring mining cost down. IMO management has done the right thing and I wish to applaud them for putting shareholder values first.
SAR Price at posting:
17.5¢ Sentiment: Buy Disclosure: Not Held
