So what's your point. I said SAR was leveraged around a price point in the Australian dollar gold price of $A1,500. So a speculation on the direction of gold at the time. A speculation I was not willing to make. I was advocating that there was no value in the stock at the existing price of gold. Gold moved higher and SAR moved with it, that's what I and anyone would expect. It doesn't mean SAR was a good value proposition at the time. You have speculating on the gold price and investing in gold producers mixed up IMO mate. A speculator can also make money on disallowed, no doubt about that. As far as KDR goes I've openly admitted on the KDR threads from the beginning that that company is a complete speculation for anyone that cares to read what I've said and by the way it remains a speculation and we will see where it goes in the fullness of time. The only stock I regret not having the nerve to hold and I admitted it before, is NST. Another company like RMS that was making gains against negative sentiment and flat and falling gold prices. Eshmun
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