If you stand back and look at the whole picture, SAR is an excellent choice as a mid tier producer.
organic growth, both of resources and production
Cash costs are reasonable (could be better)
Long mine life 10+yrs
Stable country
strong balance sheet and cash at bank
Ive topped up today after buying back in at 80. top 15k worth at 68 and sold at 88. needed to raise cash.
By the time we hit 250k production POG will be $$$ i could see SAR in 3 yrs being 5-10 times higher. Crazy as it sounds. Long term buy here...
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