(35)
October 09, 2013 07:32 am
Yes, it looks like they have put all their remaining eggs in to one basket. However, it looks to me like a good bet and as it is their only diversification, they will put 100% effort and attention in to it.
I've been buying EAG shares and currently hold more of them than SA shares. There again I hope to be getting in at the bottom with EAG rather than being at the bottom with SA.
I have a couple of holdings that might provide a profit in the near future. If this happens then I might put some of it in to SA shares, as this will help average down my investment.
Lots of rumours and speculation regarding a JV. I hear that there are companies interested in SA's properties, but as to what they are offering for a JV might not be acceptable, hence the reason why no-one has got over the finish line...YET!!!!
Fingers still crossed, this is not a dead duck.