TSX:SGR.UN - Post by User
Post by
gordcheson Dec 02, 2010 4:23pm
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Post# 17791989
Gold price - SGR price - not connected
Gold price - SGR price - not connectedThere is no correlation between the price of gold and the valuation of SGR or any other junior gold stock - that is a proven.
Gold is up over 30% since February - and SGR is down 15 %
I would like to know more about what the analyst think of the csost of SGR getting the gold out of the ground and how fast they can do it to make at profit. If they cannot make mounds of money @ $14oo and ounce - all juniors are in big trouble.
I don't no any answers to this. I think the solution is a sale to a bigger, more established gold company.