What disappoints me the most is that not only SAR but most gold miners seems incapable of delivering great results even with the POG at $1650. Few are really saying: hey look what a great half year we had!
By now we should have made at least a little profit...Yes production is increasing marginally but if you look back at the costs..mmm write downs... well nobody saw that coming. what is next?
We shareholders can only hope that POG will go up and costs keep steady. Otherwise, It is hard to be cheering for companies that don't get their act together when they should be really shinning. big supporter of SAR, and have been buying since it was $50...but as a shareholder losing money I am also losing my patience
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