SAR 0.00% $4.69 saracen mineral holdings limited

fiscal cliff deal is done, page-26

  1. 8,033 Posts.
    lightbulb Created with Sketch. 566
    Gold at $1685 yesterday $1663 today

    Hardly a hammering

    Drop based on HSBC dropping forcast average for 2013
    From $1850 to $1760

    What where they thinking anyhow


    My forcast is a peak of around $1880 later in the year

    I guess this would have to happen to achieve HSBC present forcast

    High Volume yesterday suggests a buyer is is keeping the SP down while accumulating

    Vinva picking up more possibly

    Today is usually moving day for SAR
    so i expect an early selloff
    followed by the buyer picking up his cheap shares
    suggest a close somewhere above the open

    Eventually this will be let loose

    Annoucement on mining activities and resoucse upgrade not too far away

    IMOO

 
watchlist Created with Sketch. Add SAR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.