Not surprised we broke through support around 8c with the lack...

Not surprised we broke through support around 8c with the lack of news flow. Nothing has changed for Scotgold, just people getting impatient and chasing opportunities elsewhere.

If the lack of news flow continues for the next week or two I am looking to pick up more around 5-5.5c The heads I got at 4.5c last time paid off nicely :)

I posted this on another thread but it is worth listing again:

In short there are two main sp drivers to look out for:

- more drilling results on the large lease holdings SGZ has OUTSIDE the national park. So far they have been exceptional.
- news of the status of both the APPEAL and the REAPPLICATION regarding the Cononish mine INSIDE the national park. Close observation of the SGZ ann and the blogs/ council websites in Scotland lead most SGZ watchers to believe with some certainty that the Cononish mine planning application rejection will be REVERSED.

Once we have mining permission there will no doubt be a cap raising but by then the sp will be back up above 14c.