TSX:SGR.UN - Post by User
Comment by
dogwagon Mar 03, 2013 9:46am
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Post# 21069221
RE: RE: RE: RE: RE: SGR Ranked number 8 in a top t
RE: RE: RE: RE: RE: SGR Ranked number 8 in a top t 8% is cheap for money in the mining sector especially the venture stocks.LSG is paying over 16% to Sprott and others the same or more.Convertable at .50 cents which would be a double from here and I would be happy with that!!!Long term if gold rises back to $1800. we would trade over a dollar.In 2 years they will be set up for at least 2500 tonnes per day with all the mining areas opened up and at 5 GPT thats 150,000 ounces a year so I see limited downside here.Do your own DD but this stock fits my risk reward senario.