Saracen(SAR)

Discussion in 'Stocks & Derivatives' started by Silverthorn, Dec 9, 2011.

  1. Silverthorn

    Silverthorn Well-Known Member

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    some nice drill results. hopefully a lot of good reports to follow next and LOM increases as expected.

     
  2. finicky

    finicky Well-Known Member Silver Stacker

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    Saracen (SAR) bullish monthly hammer candle for December, and with 5% rise so far today is kicking on. Performing similar to NST and RRL.

    SAR monthly
    [imgz=http://forums.silverstackers.com/uploads/1893_sar.gif][​IMG][/imgz]
     
  3. Silverthorn

    Silverthorn Well-Known Member

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    gold could be due for a bit of a pullback.

    [​IMG]
     
  4. Silverthorn

    Silverthorn Well-Known Member

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    Record quarterly production. Cash up slightly even with spend on exploration.
     
  5. Silverthorn

    Silverthorn Well-Known Member

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    quarterly out

    ASICs is high but should trend down now. From further in the report.

     
  6. Silverthorn

    Silverthorn Well-Known Member

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    financial and drill results out. Off a few percent today but the drill results are starting to look encouraging for mine life wise I think. thats what I'm looking for, the company to still be doing well in 5 years or more.
     
  7. Silverthorn

    Silverthorn Well-Known Member

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    quarterly production was off due to rain and ASIC is high but jeez the shorts have some gonads. They really need the gold price to drop.

    http://www.shortman.com.au/stock?q=Sar

    Date

    Gross shorts 1 Issued capital % Capital shorted 2 Trade volume 3 Shorts as % of volume
    Tue 18th Apr, 2017 9,632,848 807,548,859 1.19% 12,379,671 77.81%
    Thu 13th Apr, 2017 7,138,784 807,548,859 0.88% 11,957,707 59.70%
    Wed 12th Apr, 2017 3,432,543 807,548,859 0.42% 9,627,200 35.65%
    Tue 11th Apr, 2017 3,339,085 807,548,859 0.41% 7,349,841 45.43%

    edit

    thinking about maybe the GDXJ is being rebalanced again. There was a big short put on when they added SAR from memory.
     
  8. Silverthorn

    Silverthorn Well-Known Member

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    More good drill results announced today. :)
     
  9. Silverthorn

    Silverthorn Well-Known Member

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    Shorts are still going strong, they'll be hoping for a reversal tonight. I had another go at a trade a short while ago so hoping it keeps rallying.
     
  10. Silverthorn

    Silverthorn Well-Known Member

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    A Friday night smack down might be too much for the shorts to ask for with silver so strong. The Aussie dollar gold price is going the wrong way for em.
     
  11. Silverthorn

    Silverthorn Well-Known Member

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    Forming a big of a rough megaphone. Hopefully gold pushes higher from here.
     
  12. Silverthorn

    Silverthorn Well-Known Member

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    wow, shortman says nearly 93% of yesterday's trades were short. They need a friday night smackdown.
     
  13. Silverthorn

    Silverthorn Well-Known Member

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    big day. had a good qtly a couple of days ago. looks like it's been digested by the market. I think the same thing happen to SBM a couple of days ago.
     
  14. Silverthorn

    Silverthorn Well-Known Member

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    Great announcement. Record production. Up 5%. Still needs to get AISC down.
     
  15. Silverthorn

    Silverthorn Well-Known Member

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    Great drill results. Pushing higher again.
     
  16. Silverthorn

    Silverthorn Well-Known Member

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    Finished above 2 dollars. Noice.
     
  17. scott_reeve

    scott_reeve Active Member

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    SAR chart:
    [​IMG]
     
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  18. monopolize

    monopolize Well-Known Member Silver Stacker

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    Sold a little bit on Friday. Looks a bit overvalued based on their forecast production and costs.
     
  19. scott_reeve

    scott_reeve Active Member

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    SAR weekly chart update:
    [​IMG]
     
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  20. scott_reeve

    scott_reeve Active Member

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    SAR chart update:
    [​IMG]
     

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