re: hedging our bets sabretoothed
SGW is really a tantulum play, people use the excuse of gold up or down to play this one, though it is still Australia's 3rd largest gold miner it has the 2nd biggest tantulum mine in the world and that's where the big money comes from. The only problem is that tantulum is not traded on an open market, so we won't know what price they get till the next contracts are drawn, but tantulum is coming back i think.
Wonder when the new team gets their options, after that we'll see a move.
Still in bottoming process i think, don't think the shorters have won yet...
SGW Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held