Re: Drilling and no results of any kind
in response to
by
posted on
May 11, 2011 11:45PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
you got it iceman its all about cost per oz
higher grade means lower cost
ive been following this stock since 2004-2005 and although i thought it was over bought when it jumped passed 4 now its over sold
it has strong support at 2.50 and should stick around this as a bottom. i bought a bunch more at 2.55 which i think is a great price. i see the possibility that it could bottom a bit lower at 2.30 but im not gonna wait for that as i dont want to miss my opportunity.
this stock has a potential range of 2.30-5.00 over the next 8-12 months. the way i see it i dont care if im in at 2.55 or 2.30 if sgr is at 5.00 all i care is that im in
im sure we will get up there, maybe not today or tomorrow but after 2 or 3 CF+ quarters and we should be there . i beleive thats in 8-12 months thats why im heavily invested in here