yanlin. yes. it is encouraging to see sar closing Friday with a...

yanlin. yes. it is encouraging to see sar closing Friday with a big red candle while ASX is in the sea of red last thursday.

Market will price SAR fair if production and revenue are going up in this march qtr.


On a Macroeconomic front....Gold price seems to pick up from last week big drop due to below expectation of US jobless claim and health buying from Indian/Chinese market. so it should give us some buffer at least for today.


so hold on and sell sar on our estimate target..my target is around 85 cents to 95 cents toward end of this year.