SAR saracen mineral holdings limited

Ann: Quarterly Report - June 2013 , page-31

  1. 8,036 Posts.
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    Glad some find my posts entertaining
    Hope they also find it valuable

    I did post once that you would always make money on SAR if you buy under 40 cents
    some liked that
    Just after that came a $20 million writedown
    that still takes my breath away as it was nearly 10% of
    the market cap at one time
    I posted time to sell at 37 cents
    Funny some didn't like that either

    A few weeks back I wrote that I was selling most of my SAR
    and geting into RMS sold more than 100000 SAR for RMS
    buying RMS at 16 cents 14 cents and 11 cents

    Last Friday I decided it was time to get ready for a lift
    in the POG and looked for what stock would take off the most

    I sold most of my RMS at 13.5 cents and bought SAR at 11.5 cents I also bought more PRU and some EVR and KRM

    It has turned out that EVR was probably the best and KRM the worst
    SAR is not far behind EVR

    To me SAR looks a little bit better than RMS at the moment
    but that won't last as RMS know how to produce cheaply and SAR don't

    anyhow cant loose on any as the POG goes up
 
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