TSX:SGR.UN - Post by User
Comment by
bot_feederon Aug 24, 2012 11:05am
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Post# 20256679
RE: RE: SGR Clearly Out of Favour
RE: RE: SGR Clearly Out of Favour But SGR is especially out of favor. My PM stock that I have the most $ invested in, Sabina, bottomed out in the 1.70s a month or two ago and has perked up to the 3.40s. Agnico hit the mid 30s and is now in the upper 40s.
In contrast SGR has shown no sign of any upturn. To me that spells opportunity. I bought some more shares yesterday.
If and when we have a sustained period of good gold price and some improved operating results from San, they stock has the potential to skyrocket.
Obviously the stock is as low as it is for a reason and there is no guarantee it is going to go way up. But I believe this stock has an attractive risk versus reward.