I hope it is oversold .... the thing that put me off was a recent announcement proclaiming that we can expect positive exploration results flow through 2020 .... we need more than this now. The gold price is high right now! Every day we go without a defined asset adds risk to this company that the next step for the gold price will be down....
We want defined resource ounces just down the road from 'carusoe dam' ... i think inferred ounces are ok at this stage .... they can then continue exploration expansion ... it then becomes a bigger and bigger prize for Saracen. I dont really know the team but they seem good and are to be commended for the good value adding they have done to date. This does not mean that they cant do anything wrong. I believe they need to build the momentum on this Rebecca Project. There seems to be a lack of urgency.
all just my opinion so do your own research.
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I hope it is oversold .... the thing that put me off was a...
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