SAR 0.00% $4.69 saracen mineral holdings limited

strange close volumes, page-2

  1. 6,203 Posts.
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    Doc,

    Looks like selling pressure is continuing and will do so until the company updates the market on resource/ reserves status.

    The longer it takes for Guido to release the announcement the more concerned I am that it is going to be a let-down. We should have heard from SAR last week based on Guido's presentation at Denver. The large volumes on the sell side and the taking out of circa 600k at 42.5c/43c is a worry.

    Time will tell. I still believe it is undervalued as a gold producer, but, it needs some positive sentiment to move it forward. This just doesn't seem to be happening at the moment as it's not an apparent priority.
 
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Currently unlisted public company.

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