SAR saracen mineral holdings limited

is sar a decent proposition, page-40

  1. 9,111 Posts.
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    High grade does not start until 2013 which involves a capex part that now needs to be funded for by an underperforming open pit? Still a good proxy for gold price and exploration but i cant see it breaking 52 week highs atm, better buys on the asx for a similar price imo before higher production rate are sorted.
 
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