If the US does not rebound it may not be all over for SSC. People will be looking for places to park their money to cover their losses. With a JORC due out this month and a probable large upgrade to their resource base people will be flocking to SSC. If they proove up a resource of over 1million tonnes and the gold grades stay above 12g/tonne then the sky is the limit and a 3+ bagger is definately not out of the question.
It is going to be a critical week for SSC Fridays finish showed that there is a balance between buyers and sellers (Doji) which is typically considered a bearish indicator after a rally. Seeing as SSC has not run I don't think that it is bearish, infact i think a bit of profit taking is expected. People were buying at 1.5c a few weeks ago and to sure u 75% profit is fine.
I will be surprised if SSC does not crack 3c this week
SSC Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
