I am putting my neck on the line here.
A short term price target for SAR in the current run of $5.20.
A pull back of 15% to 20% for a final target of $8.70.
Then a period of consolidation while the gold sector cycles down.
There will be buying opportunities along the way with moderate (10-20%) pull backs.
Barring no adverse reports.
if you are sceptical, the last time I had a target for SAR was when it went from 90 to 1.47 which defined the strength of the run.
It pulled back to 1.25 (this sets the target) which was $2.48.
Price hit $3.40 before the next reset and consolidation.
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