SAR
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0.00% $4.69 saracen mineral holdings limited

Green Monday, page-9

  1. nordesmic
    4,301 Posts.
    lightbulb Created with Sketch. 1875
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    09/06/16
    21:56
    Post #: 18000821
    Looking like SAR will be admitted into the GDX ETF next Friday. Needed to close this week over $1.28. Going to do it easily it seems.

    It's not guaranteed they'll be added but a high probability. I suspect a lot of this week's movement has been due to people front running the GDX. The GDX will likely buy 40M shares+ so next week could be another good one as the traders create enough liquidity and bid the price up.

    Van Eck will announce the rebalance tomorrow night I believe.
    Last edited by nordesmic: 09/06/16
    SAR Price at posting: $1.41 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 13  Upvote
    lightbulb Created with Sketch.  Great analysis
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