TSX:SGR.UN - Post by User
Comment by
Avocadopiton Nov 28, 2011 5:04pm
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Post# 19272375
RE: RE: What's going on?
RE: RE: What's going on?GDXJ goes up 4% on the rise in the price of gold. SGR goes down 3.55%. SGR is in its own little bear market that won't end until the price gets a a dollar or less. I'm guessing we won't see a new bull market in SGR until at least April, 2012, after some hopefully good news is released with 2011 results.
SGR went from 3 to 5 in 2010 after release of 2009 results, and went from 2.5 to 3.75 in 2011 after 2010 results were released. Both annual results came in late March. Next year, 80 cents to ???
Andy