TSX:SGR.UN - Post by User
Comment by
hydra100on Nov 07, 2010 12:54pm
385 Views
Post# 17670458
RE: SGR'S VALUE IS " OVERWHELMING "
RE: SGR'S VALUE IS " OVERWHELMING "
Oct conversation with Paul Van Eden and Brent Cook, Paul said about higher prices for metals,
That's not the same as being bullish; it's merely recognizing that prices can go higher. I would not in the least be surprised to see metal prices (including gold) fall by 50%. Nor would I be surprised if they increased by 50%. Instead of worrying about what prices are going to do I focus on what I am going to do in response to prices. If prices fall-I buy. If prices rise-I sell.
Do not count on prices pushing up this company. It is not the gold price which is lowering it but if gold falls watch sgr fall off a cliif. Has not taken it up but will take it down. If Paul does not know which way it is going then who does?