SAR 0.00% $4.69 saracen mineral holdings limited

when gold gets back to $2000..what will sar be, page-4

  1. 8,035 Posts.
    lightbulb Created with Sketch. 566
    Yes the old confidence is coming back
    Not just because the POG has gone up a bit since being hammered
    But because the talk around is about how high it will go
    Not how low

    The global economy is still in a bad way
    The Australian economy is set for a big fall
    I can imagine interest rates dropping more than 1% by years end
    I can't see the Aussie being over $1 within a few months
    Even with the US continuing to print

    Soon enough thoughts will be on gold
    I still find it hard to imagine any explorer getting enough funding to
    Get I to production

    Producers with cash on hand will snap up a lot of bargains

    SAR is stuck in the middle
    Just enough funding to increase production
    With gold over $1800 US and the Aussie slipping
    The SP will head north in a hurry

    Increase in Medicare surcharge sure isn't going to help the economy

    Yep my confidence is gaining and I will have to think of buying more
    Although I am loaded to the hilt already

    I still hope we know all the facts with SAR
    As even in this climate the SP should not be under 25 cents
    I am still worried about the unknown
    If all is above board then this is a screaming bargain


    Imoo



 
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