even if gold falls to $1800 avg price over 3.5 I still think this is right move. Exploration potential is big and SAR has proven record now in this area. I will not be surprised if they go for 100% ownership.. shortly after this transaction.
But no doubt SP will take a hit short term. I was lucky to sell 20k on Friday and reduce my stake by 2/3.
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even if gold falls to $1800 avg price over 3.5 I still think...
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