yanlin, blackjack, its just the market, there are more reasons to stand on the sidelines than there are to dive in.
The fiscal cliff and a possible large move down on all markets if no agreement is reached and the gradual drifting lower of gold combine to convince people that there is no compelling reason to enter the market.SAR has always needed a high gold price to offset its production costs, which won't really improve for some time.
SAR is range bound, But the situation can change rapidly, a European default, a loss of confidence in the US dollar, a bond crash or any of a dozen scenarios could rapidly reverse SAR's fortunes.
Management of SAR seem to know exactly what they are doing and I believe the value is there for the future.
DYOR , i make wild guesses
SAR Price at posting:
41.9¢ Sentiment: Hold Disclosure: Not Held
