Hello DrPWU and all,
Please forgive the intrusion I hope you don't mind me butting in like this. I am surprised to see such a small following on SAR in HC - it is a great stock and highly undervalued.
Yes DrPWU I believe the EZ plan will be ratified tonight and gold will stay above US$1700 tonight at least for another good day tomorrow. This is QE in Europe!
I also have some knowledge of Laverton and believe it to be highly under rated. A convergence of major crustal faults with numerous dilation zones - truly elephant country. I have flown over this ground and visited some mines although not those currently belonging to SAR. The southern SAR tenements I do not know or understand as closely at this point in time. I have some more work to do there.
SAR hold a very attractive ground position in the north make no mistake. BTW I have read through some of the recent posts in here and liked the comments.
I added SAR to top up to maximum weighting in my Funds which I manage - final purchases at 36c on the 4th - a nice double bottom as already noted in another post. I like the technicals now. The stock bottomed later in this initial up cycle of the gold stocks so this particular run might get nipped in the bud ultra short term - might. I hold personal shares in this one as well now.
Cheers,
CW
DYOR&DD
PS long term buy does not signify that I think the SP cannot drop short term I do not provide SP guidance this is just discussion. Please do not misinterpret but happy to discuss.
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