SIH sihayo gold limited

No doubt everyone here is getting frustrated with the stagnant...

  1. 20,457 Posts.
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    No doubt everyone here is getting frustrated with the stagnant share price that looks as it may dip lower & the lack of news flow for several months, its times like this frustration can get the better of you, so have to think ahead say until end of 1st qtr.

    Whats to come:

    1. Drilling results (by end of Jan)

    2. Drilling to commence at Tambang Tinggi, porphyry copper - gold prospect outside current resource. (early Feb)

    3. Resource upgrade which will only strengthen the project (late feb early March)

    4. DFS Results if positive will strengthen the investor support from brokers/insto's (late March)

    5. Drilling to commence at Hutabargot Julu, epithermal vein prospect outside current resource. (late March)

    6. Roadshow to brokers/insto's (guessing between Feb/March)


    What can the sp do:

    On the back of the above news if positive .35 - .45 is a good target imo, SIH market cap is not overblown like some other gold companies out there atm, were at a reasonable market cap & with the right news we can demand a higher market cap, a positive DFS will strengthen insto support imo & if drilling at Tambang goes well & a new discovery is made the market will take notice of the potential SIH has outside there current resource.

    Its boring/frustrating atm no doubt, especially when watching the rest of the market soar, hopefully in coming weeks on the back of long awaited news SIH will begin its next leg up.

    Just thinking outloud, always dyor..


 
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