TSX:SGR.UN - Post by User
Post by
Yellowline1on Nov 07, 2007 5:47pm
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Post# 13771634
Good news
Good newsThis pp is actualy quite fairly priced given th sp over the past 52 weeks. BMK recently had a pp at 0,45 cents when the sp was over 90 cents and the sp subsequently ran to over 1,20 (closed at 1$ today).
There is of course no way to know how sp will react tomorrow but sp often rallies on closing of pp. You are more likely to have a hard time getting in tomorrow than getting out. Regardless with this nr there is very little downside and mm will def. try to get the sp back over 2$ so that the warrants are exercised.
Gold and uranium are the sectors to be in right now.
Good luck