San Gold Corporation

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Re: Low?

about 13 years ago

in response to rookieprospector's message

$2.45 to $3.74

50% retrace = $3.28

61.8% retrace = $3.08

Nothing goes straight up and the wall of bids at 3.25 was huge today. I wouldn't be surprised if we saw anything between $3 to $3.15 if there is no effort to keep the price up. ie - NEWS

As for LSG, SGR's grades are almost 2x as good at current levels(5x using MM numbers) and reading between Mr. Cooper's lines basically points out that San Gold and Goldcorp are in the same high grade producer category. No mention of RMX. Maybe he ran out of breath after the comparison or got confused after counting all those zeros after the 3.