SAR 0.00% $4.69 saracen mineral holdings limited

Interestedtoo,"Most goldies look very oversold at...

  1. 1,155 Posts.
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    Interestedtoo,

    "Most goldies look very oversold at present"

    Agree.......SAR, NST, SLR, etc....

    Tempted to average down myself (presently sitting at $0.55) - initially bought at $0.89 (about 12 months ago). My averaging down strategy has been of no benefit except for digging myself into a deeper hole.

    The company isn't, at present, even paying a dividend.

    Sure, things can turnaround quickly (and I hope they do), but be aware that the price can continue to drop.

    Regards,

    Randy.
 
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Currently unlisted public company.

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