Gold mining equities are in reality long dated options on the gold price without "short-term" expiration dates! IMHO, and that of many with more direct insight than I, the death of the $US, while possibly premature, without continued life-support, is imminent. The
printing presses can't rest, (until fatigue finally shuts them down!) driving gold to ever new highs, and gold equities to the "proverbial moon!" If you believe this "bull market" in PM's is "over" I've got some swampland in the Everglades I'd like to talk to you about! Hang tough! SAN is positioned, considering today's SP, as a "ripening super nova" ready to "explode" into a "multibagger money-machine" with a time line on its value as an option of 20+ years!!
All for $1.41/sh!!
When posted a few days ago on a rival board SP was $1.41.
Today, while the fundamentals remain the same, SP has increased to $1.82. (52 week high reaching $1.89, with more spectacular exploration success to be announced!) There is "wiggle" room aplenty above $1.89, just a matter of time!
With the "explosion" of this ever "ripening super nova" inching ever closer, expect SAN to yield "huge" profits to "investors" in at currant or near current prices when the final blast is heard, timing of which is impossible!
IN spite of "sticky, sticky!"
Now unstuck at a "new" level!
If you bought your "call" at $1.41, as of today's close your already up 29% with 20+ years to go!
RUF