SGZ 0.00% 0.8¢ scotgold resources limited

strong buy on sgz, page-8

  1. 661 Posts.
    I have to disagree with myself after thinking about it twice- the study to be announced in mid-March will be about money going out the door, not in, so it won't be a sp 'kicker'. It will be an important part of the overall progress towards production of course but sustained share price rises are only ever on the back of money coming in the door.

    So we will get news of how much money we have to spend.

    Then we will wait for news of where that money will come from.

    That news and the crown license may or may not coincide but I'm suspecting now we will see impatient selling, albeit in small parcels, between now and then.

    A chance to pick up a bit on the cheap? :)
 
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