SAR 0.00% $4.69 saracen mineral holdings limited

Ann: Carosue Dam and Thunderbox only - Reserves rise to 3.7Moz, page-53

  1. 6,147 Posts.
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    Does not matter to me because SAR is a multibagger. It can go down 50% from here and I'll still be lauging and more than likely buying more.

    As long as SAR is operationally sound, the POG can do what it likes. Having held gold miners for decades now, I've reconciled the fact that my gold miners have no control over what the POG does. What I back are the talents, hard work and vision of the company.

    The POG at the end of the day is just noise if the company AISC is well below it. What matters to me most is the companies ability to capitalise on opportunities like Superpit acquisition. I kid you not one of these 3 gold miners(SAR, NST or EVN) or even together as a JV will own Boddington from Newmont to consolidate the old Normandy assets back into Australian hands. That would be a wonderful day for Australian Gold miners and would propel one or all 3 into the majors!
 
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Currently unlisted public company.

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