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SAG BOTTOM + NEWS
This is what makes for interesting moneymaking potential. SAG sits around the bottom of its trading history, waiting for news that could confirm gold production/Rio Tinto joint venture progress on copper exploration and insurance claims updates/etc.
All and all, it is worth waiting for and watching.
If SAG ever gets up and over .075 in a session, it will be on its way, I think.
The news is the answer.
Company website
The website is www.sagc.com for those who are interested to find out more about the company. The bottom left has some interesting reading, (Proteus report/Rio joins SAGC).
I am anticipating news very soon. If its as good as I hope it to be, than 6 cents should be a price of the past.
No volume today for trading. I'm wondering if its better to buy and hold this penny stock or to buy and trade around a core position? Some days there is reasonable volume, but generally it has not been that high.
Seem as if some are buying the bid and transferring it to an ask limit order to scalp a half cent. Don't know if it is for certain or even viable, but its a thought.
I would not want to be caught without a position just in case there was a significant move.
cheers
Yes, such is the nature of a penny stock. GLTY and thanks ...
I agree on shares outstanding
but, like I said, when you look at the market cap which is the real relative analysis, I believe, it seems reasonable considering the asset base.
As for the ceo, I feel frustrated at times with the seemingly slow progress/etc, but overall I think this guy and the team has made substantial progress with the company over the past year or so. I think the share price is lagging the progress that has been made and when/if we get a very strong news release (which I believe is coming), the stock will possibly move much higher.
Yes, there are some negatives, but I guess it wouldn't be a penny stock if there weren't.
I was considering this the biggest drawback, plus the fact the CEO never seems to come through on his projections/promises.
Some of the financing is also a concern.
Next news
The next news release should be a good indication of how things are progressing. I am hoping they will address gold production/revenue/income and update on the jv with Rio.
The seasons are reverse over there where this mine is. They have just come through winter and heading into better weather.
Outstanding shares
That is one of the negatives I believe for this stock, however the market cap is still reasonable given the gold/copper/limestone.
O/S is 433M
I agree volume is key to day trading a stock.
3 Months Close Prices
Date Ex : Sym Open High Low Close Chg Vol #Tr Bid Ask
2005-10-07 T : SAG 0.06 0.06 0.055 0.055 -0.005 217,500 10 0.055 0.06
2005-10-06 T : SAG 0.06 0.06 0.055 0.06 0.005 112,000 16 0.055 0.06
2005-10-05 T : SAG 0.055 0.06 0.055 0.055 0.00 278,300 16 0.055 0.06
2005-10-04 T : SAG 0.055 0.06 0.055 0.055 -0.005 87,000 8 0.055 0.06
2005-10-03 T : SAG 0.06 0.06 0.055 0.06 0.005 292,500 13 0.055 0.06
2005-09-30 T : SAG 0.06 0.06 0.055 0.055 -0.005 240,000 11 0.055 0.06
2005-09-29 T : SAG 0.06 0.06 0.06 0.06 0.00 905,000 35 0.055 0.06
2005-09-28 T : SAG 0.06 0.065 0.06 0.06 0.00 197,290 18 0.06 0.065
2005-09-27 T : SAG 0.06 0.065 0.06 0.06 -0.005 375,500 20 0.06 0.065
2005-09-26 T : SAG 0.06 0.065 0.06 0.065 0.005 137,963 11 0.06 0.065
2005-09-23 T : SAG 0.06 0.065 0.06 0.06 -0.005 144,000 13 0.06 0.07
2005-09-22 T : SAG 0.065 0.07 0.06 0.065 0.00 264,000 17 0.06 0.065
2005-09-21 T : SAG 0.06 0.07 0.06 0.065 0.00 311,166 20 0.06 0.065
2005-09-20 T : SAG 0.065 0.07 0.06 0.065 0.00 331,000 21 0.06 0.065
2005-09-19 T : SAG 0.065 0.07 0.06 0.065 0.00 1,207,430 57 0.06 0.065
2005-09-16 T : SAG 0.055 0.07 0.055 0.065 0.01 4,037,700 122 0.06 0.065
2005-09-15 T : SAG 0.06 0.06 0.055 0.055 0.00 84,900 8 0.055 0.06
2005-09-14 T : SAG 0.055 0.06 0.055 0.055 0.00 138,500 9 0.055 0.06
2005-09-13 T : SAG 0.055 0.06 0.055 0.055 -0.005 296,000 21 0.055 0.06
2005-09-12 T : SAG 0.06 0.06 0.055 0.06 0.005 349,966 25 0.055 0.06
2005-09-09 T : SAG 0.055 0.06 0.055 0.055 0.00 471,700 31 0.055 0.06
2005-09-08 T : SAG 0.06 0.06 0.055 0.055 -0.005 434,000 16 0.055 0.06
2005-09-07 T : SAG 0.055 0.06 0.055 0.06 0.005 237,000 11 0.055 0.06
2005-09-06 T : SAG 0.055 0.06 0.055 0.055 0.00 746,178 35 0.055 0.06
2005-09-02 T : SAG 0.06 0.06 0.055 0.055 -0.005 366,500 8 0.055 0.06
2005-09-01 T : SAG 0.055 0.06 0.055 0.06 0.005 247,786 11 0.055 0.06
2005-08-31 T : SAG 0.055 0.055 0.055 0.055 0.00 130,400 9 0.055 0.06
2005-08-30 T : SAG 0.055 0.055 0.055 0.055 -0.005 320,500 12 0.055 0.06
2005-08-29 T : SAG 0.06 0.06 0.055 0.06 0.005 425,500 22 0.055 0.06
2005-08-26 T : SAG 0.055 0.06 0.055 0.055 -0.005 65,800 7 0.055 0.06
2005-08-25 T : SAG 0.06 0.06 0.055 0.06 0.005 311,400 15 0.055 0.06
2005-08-24 T : SAG 0.055 0.065 0.055 0.055 -0.005 587,557 20 0.055 0.06
2005-08-23 T : SAG 0.06 0.06 0.06 0.06 0.00 325,435 13 0.055 0.06
2005-08-22 T : SAG 0.06 0.06 0.055 0.06 0.00 555,610 11 0.055 0.06
2005-08-19 T : SAG 0.06 0.06 0.055 0.06 0.00 333,500 14 0.055 0.06
2005-08-18 T : SAG 0.06 0.06 0.055 0.06 0.005 1,332,000 39 0.055 0.06
2005-08-17 T : SAG 0.06 0.06 0.055 0.055 0.00 156,000 12 0.055 0.06
2005-08-16 T : SAG 0.055 0.06 0.055 0.055 0.00 484,300 20 0.055 0.06
2005-08-15 T : SAG 0.055 0.055 0.055 0.055 0.00 147,500 9 0.055 0.06
2005-08-12 T : SAG 0.055 0.06 0.055 0.055 -0.005 313,500 17 0.055 0.06
2005-08-11 T : SAG 0.06 0.06 0.055 0.06 0.005 707,300 26 0.06 0.065
2005-08-10 T : SAG 0.06 0.06 0.055 0.055 -0.005 643,500 29 0.055 0.06
2005-08-09 T : SAG 0.055 0.06 0.055 0.06 0.005 103,683 12 0.055 0.06
2005-08-08 T : SAG 0.055 0.055 0.055 0.055 -0.005 120,000 4 0.055 0.06
2005-08-05 T : SAG 0.06 0.06 0.055 0.06 0.005 186,000 14 0.055 0.06
2005-08-04 T : SAG 0.06 0.06 0.055 0.055 0.00 186,300 16 0.055 0.06
2005-08-03 T : SAG 0.055 0.06 0.055 0.055 0.00 202,000 10 0.055 0.06
2005-08-02 T : SAG 0.055 0.06 0.055 0.055 0.00 172,292 14 0.055 0.06
2005-07-29 T : SAG 0.055 0.055 0.055 0.055 -0.005 83,500 6 0.055 0.06
2005-07-28 T : SAG 0.055 0.06 0.055 0.06 0.005 372,720 20 0.055 0.06
2005-07-27 T : SAG 0.06 0.06 0.055 0.055 -0.005 388,706 18 0.055 0.06
2005-07-26 T : SAG 0.055 0.06 0.055 0.06 0.005 442,345 20 0.055 0.06
2005-07-25 T : SAG 0.055 0.06 0.055 0.055 -0.005 121,500 11 0.055 0.06
2005-07-22 T : SAG 0.06 0.065 0.055 0.06 0.00 381,000 18 0.055 0.06
2005-07-21 T : SAG 0.06 0.06 0.06 0.06 0.00 102,000 10 0.06 0.065
2005-07-20 T : SAG 0.065 0.065 0.06 0.06 0.00 181,300 20 0.055 0.06
2005-07-19 T : SAG 0.06 0.065 0.055 0.06 0.00 343,000 17 0.055 0.065
2005-07-18 T : SAG 0.06 0.06 0.055 0.06 0.00 135,042 15 0.055 0.065
2005-07-15 T : SAG 0.065 0.065 0.055 0.06 0.00 110,000 9 0.06 0.065
2005-07-14 T : SAG 0.055 0.06 0.055 0.06 0.00 170,500 11 0.055 0.06
2005-07-13 T : SAG 0.06 0.065 0.06 0.06 0.00 1,064,000 28 0.06 0.065
2005-07-12 T : SAG 0.06 0.06 0.055 0.06 0.00 276,700 14 0.055 0.06
2005-07-11 T : SAG 0.055 0.06 0.055 0.06 0.005 257,000 15 0.055 0.06
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SAG trading
The stock needs to have high volume days for good trades.
I think its best to hold a core position for the longterm.
best to ya.
SAG trades on TSE and now at year low.
The CEO has made many promises and predictions over the years and none have materialized yet.
Mining in SA is not easy when you consider local conditions and expenses.
In time this may be profitable, but trading it has been my best approach so far.
SAG they talked about diamond drill,,, is that just the drill not the search for diamonds, my bad.....
SAIL
SAG is MINING!
So there you have it sailnnnord. MINING!
GOLD
COPPER
LIMESTONE
visit thier website at www.sagc.com for more info.
Thanks
SailnNord?
Go to thier website at www.sagc.com for lots of info.
Mining company.
I will post the first message and hope there are many more to come.
I believe SAG is cheap at 6 cents and offers opportunity to invest/speculate and trade.
Over the long haul, I believe the stock value should appreciate significantly. During this time, I believe there will be peaks and valleys as news becomes available and put out.
I heard about South American Gold and Copper on ROBtv a few years ago and it caught my attention. The time seems ripe for a company like this when you consider, we may be in the midst of a commodity bull market and SAG is Gold/Copper and also has Limestone that is a needed commodity in copper processing I've heard.
I am long on SAG and think 6 cents is very cheap.
Time will tell!
SAG - wats that stand for South American Gas or what lol
ps
where and how do I buy some?
SAILZ
SAYS
hi
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19
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Created
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10/07/05
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Free
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