SGR... I'm not an expert and rely on research done by others and from what I've read it's full steam ahead and I haven't read anything all that negative lately. The chart looks positive and even when other stocks dump when gold corrects SGR holds up very well. I also talked to Jay Taylor at the Calgary conference, he is also very high on SGR and believes there is a lot of upside left. As well here are some recent analyst comments.
BUY 2.330 Dennis Da Silva (Market Call Minute.) Looking for some more exploration success at the hinge zone. 2009-07-16
BUY 2.360 Alexander Lane, B Comm, C The Rice Lake opportunity, near the Red Lake camp has a lot of years left in it. 2009-06-29
BUY on WEAKNESS 2.250 Andrew Cook Likes this company but the stock could weaken off because of seasonal weakness in the price of gold. Still overbought. Hinge zone looks very exciting. 2009-06-17
BUY 2.440 Michael Smedley (Market Call Minute.) Great assets. 2009-06-10
BUY 2.410 Brent Cook Good exploration potential. Not cheap if you do it on a $1 per ounce in the ground proven but if you look at what the system actually contains and where they are finding new veins, this is developing into a nice high-grade district. 2009-05-29
HOLD 2.340 Robert Lauzon All of the gold exploration/development companies have had a great run. Good management. 2009-05-26
BUY 2.100 Andrew Cook Likes it a lot. Group of gold stocks that, if wanted to own gold, he would own. In a strong up-trend. 2009-04-24
Comment 1.900 Hap (Robert) Sneddon FCSI Last summer’s levels would offer some resistance – should take profits as it approaches this level. With gold you really have the opportunity to move. In a sector that is feeling the benefits of the market being soft today. 2009-04-20
Comment 1.650 Rick Rule Successful and predictive exploration success and, because of location, can turn it into money in a very short period of time. 2009-03-03
BUY on WEAKNESS 1.500 Robert Lauzon Looks like they have a very interesting project in Manitoba with near-term production. Anything under $1.50 would be a good acquisition. 2009-03-02
Comment 1.790 Charles Oliver, HBSc CFA Could be a takeover candidate. Have the new Hinge zone, which is showing some high-grade drill results. Could see another big kick in the resource side. 2009-02-18
Comment 1.740 Hap (Robert) Sneddon FCSI There will be some resistance around $2.10. Above its moving averages and its 200-day moving average is above the 50. In an upside move, you'd want to see this flip around. MACD is also starting to converge. Relative strength is still showing really good upside and hasn't been overbought. 2009-02-17
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