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Message: Buy on SGR

Buy on SGR

posted on Feb 25, 2009 04:53AM

Any reason to hold of buying SGR right now?

I am convincing some friends to buy in, and i dont want to feel to badly if it drops like a tank after.

Last time i did that with HOU we both got burnt, I am hoping to make up some money on SGR that i lost on HOU.



To me this seems like a screaming buy...

They should be at the ore by now on the hinge since they said less then a week away last week.

Gold at 1200 canadian and there cost should be down to 400/oz hopefully

If they can start feeding the mill soon from the hinge they might have a chance of positive cash flow for Q1. But that would be optimistic. I'd say Q2 is looking good.





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