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1,166 Posts.
7
22/08/12
09:00
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3 takeover scenarios
NST could make a scrip-based takeover given the relative share price performances of the two companies.
If not Zijin is likely to follow up its acquisition of NGF (which closed yesterday) with an offer for SAR
and finally, Anglo Gold could bid for SAR to consolidate production at its Sunrise Dam
With gold price increasing, it is only a matter of time.
Putting aside takeover scenarios, SAR could announce favourable drilling results from Central lode.
For the "techies" SAR SP appears to be oversold (last night talk show on TV).
Looking for the SP to break above $0.40 today
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