SAR 0.00% $4.69 saracen mineral holdings limited

what a bunch of

  1. 8,033 Posts.
    lightbulb Created with Sketch. 566
    You can choose what ever you like to end the sentence

    An average price for gold I would think would be $1600 US
    The Aussie dollar has dropped 5 % this year a set to go lower
    The POG is about 8 % under an average price
    Hardly time to panic

    Management were in a position to gain in big time on the hedge
    At $1350

    They can still gain a nice return by selling the hedge

    If the POG heads down to $1000 the company is finished
    Anyhow

    Instead they have come up with a champion idea to shelve expansion plans

    Really Guido
    What the hell were you thinking

    Unbelievable

    Lucky the SP is pathetically low or it would of dived to this level anyhow

    Imoo
 
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Currently unlisted public company.

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