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