3 replies to this topic

[Cirrus]

It's a LT investment. I'm familiar with the fundamentals....this thing is going a LOT higher. It's highway robbery to be able to buy at these prices. It's selling at an approximate 50% discount to NPV. It has massively growing production and is a bluechip diversified oil. You just don't see that discount to NPV in the sector. I think there is a major disclocation among some funds. Just reloaded on SA near the low---my favorite gold stock.

Edited by Cirrus, 16 August 2007 - 09:25 AM.

[OEXCHAOS]

divvy? Mark

[Cirrus]

Mark, It has a tiny dividend for now. In 2 years it will be much much bigger. Again, this thing is a bargain...one of the few that will massively grow production and trading at a single digit PE. I keep asking if something is wrong here but I just think there's a dislocation.

[beta]

Exited SA puts and bought SA, too. Picking up gold/silver stocks for a trade (SLW, GG).