I am in no way a professional investor, i simply have some money set aside for some self directed investments with the hopes of learning a thing or two along the way.
I must say on a day when gold is in positive territory(marginally i know and the day isnt over yet), coupled with a positive news report from San, how can it be that the SP is in negative territory...frustrating indeed. I would like nothing better than to see those shorters slapped upside the head, and this could be a golden oportunity, shorting SAN should not be rewarded any longer. In the run up to 2.20 last summer if i recall correctly it was predicated by several back to back NR's then it began to gain some traction...now what we need is the NI 43-101 for the hinge coulpled with a tsx listing all in short order...maybe that is what we need.
Despite golds recent pull back and a less than stellar outlook from John Nadler, who called for gold to settle in the low to mid 800 range, San should still do well. small caps just arent moving well but given the fact that gold is still topping 1k canadian even at 800 us, still seems like a gimme to me...