I am putting my neck on the line here. A short term price target for SAR in the current run of $5.20. A pull back of 15% to 20% for a final target of $8.70. Then a period of consolidation while the gold sector cycles down. There will be buying opportunities along the way with moderate (10-20%) pull backs. Barring no adverse reports. if you are sceptical, the last time I had a target for SAR was when it went from 90 to 1.47 which defined the strength of the run. It pulled back to 1.25 (this sets the target) which was $2.48. Price hit $3.40 before the next reset and consolidation.
SAR Price at posting:
$4.18 Sentiment: Buy Disclosure: Held