SAR 0.00% $4.69 saracen mineral holdings limited

Ann: Quarterly Report - June 2013 , page-46

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  1. 397 Posts.
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    Guys and Girls, I thought this forum was on SAR? could we please stay on course we seem to have drifted a bit as interesting as those posts are to read, thanks to UTSSTUDENT, COLINCHI and RIVERSHEEP.

    ROGERSD, Nobodies timing on SAR has been any good, a few people have managed to eek out a small profit on dips by being quick but anybody who purchased long term excluding the last month will be sitting on hefty losses.

    I not believe SAR is great long term if the price of Gold stays low, SAR is a leveraged bet on Gold, if Gold shoots up SAR will, if Gold drops below 1200 and stays there the future looks bleak for bets on SAR.Sorry if I appear to be stating the obvious but it is important to realise what you have got into and to keep it in mind at all times, its a bet.
 
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Currently unlisted public company.

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