My learned friends Xerxes & Turtle,
If you are considering SGW based on fundametals you wouldn't touch it with a barge pole.
SGW gold hedging practices is what has brought this ticker down and for that you can thank the management. Hedging worked well for them when POG was sub 300. With POG upticking and the majors doing away with hedging practices it does not augur well when SGW management comes out and states that it has always been and will always be a hedged producer. If POG shoots over 400 and dare i say it 500, then SGW stand to lose a fortune. So unless they get new management I won't be touching this ticker.
With Tantalum, it is the "sexy" metal of the day but it is not as rare as some might think albeit SGW have the jump on the competition.
SGW
sons of gwalia limited
My learned friends Xerxes & Turtle,If you are considering SGW...
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