It all really depends on the overall market aswell, if the market takes a downturn then scotgold could drift down to 10c. if the world economy takes another downturn and markets take another bath it could go down to previous low levels of 5c... which would be great value.
however i do think there could be a buying spike over the next couple of months on the back of the AIM listing and increased investor interest/media coverage. an announcement of planning permission should light a spark under price aswell.
above 18c opens up 30c
SGZ Price at posting:
12.0¢ Sentiment: LT Buy Disclosure: Not Held
