TSX:SGR.UN - Post by User
Post by
grassyknollguyon Jan 09, 2014 2:31pm
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Post# 22075013
nice to see you back huntingman
nice to see you back huntingman
Now why should the SP rise to any significant degree ? You finally got the message that breakeven for SGR is at about $1700/oz unless significant grade improvements are realized. Depending on which pundits one listens to ; the price of gold is going lower before it recovers. If that happens ( I have seen projections of gold price dipping to mid- 1000's) SGR could test the 5-6 cent range. Then you have some uptick opportunities when gold starts to recover.