SAR 0.00% $4.69 saracen mineral holdings limited

Macquarie Upgrade to ‘Outperform’ ..., page-8

  1. 191 Posts.
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    Hey speculator101,

    I always read your posts with interest and have developed a good dose of respect for your views.

    Most parallels that you draw with SAR are valid but I'm of the firm view that they don't apply to a basket case like BLK. If there was proper money to be made in Wiluna, shrewd and competent management teams would have pounced long ago.

    Moreover, even if the likes of SAR feel they should have jumped on BLK's assets earlier, well now would be a perfect time to take it over cheaply. Yet I'm certain they wouldn't touch it with a ten foot pole. If I had to take a guess, BLK probably won't survive beyond the next 2 quarters (but for a miracle).

    So when it comes to SAR being possibly interested in BLK please let's just agree to disagree.
 
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