Post by
AlwaysLong683 on Oct 23, 2022 1:59am
I Realize Hindsight Is 20/20, but......
........idealy, it would have been optimal to invest in SGD in February or March 2022 for those who like this play.
Personally, I don't even consider investing in any junior explorer unless and until they hit at least one (or preferably a few) great cores.
Valley Target:
Jan 25, 2022 PR: 1.01 g/t Au over 136.8m
Jan 31, 2022 PR: 1.27 g/t Au over 108.0m
Feb 10, 2022 PR: 1.56 g/t Au over 125.0m
Even after 3 holes like the above, SGD was still trading in the 0.80 - 0.90 range for the rest of February and the 0.80 - 1.00 range in March.
Three holes like that would warrant a serious look for those who are comfortable with the location of the find.
I never heard of SGD until recently, so I wouldn't have had the chance even if I was interested.
Those who pulled off the above are sitting on a nice paper gain right now (or cashed out already at a handsome short-term profit). SGD may still eventually rise a lot more from its current 2.70 - 2.80 range going foward, but three holes like that are typically enough to convince one to take notice of what's going on up there......
Comment by
AlwaysLong683 on Oct 23, 2022 2:08am
Actually, just noticed SGD was still trading in the 0.80 - 0.90 range up until near the end of June, so there was even more time to get in at this price for those who sniffed this one out at any time over a four-month+ period (Mid Feb. to Late June) and liked what they saw.