pj/.. Not sure how long you have tracked SGR. In my opinion (if i remember correctly) Last time gold ran to its high last year SGR apprciated very little if any during that time. But when gold came down from it's high SGR then rose to it's new highs. So I would weigh very little on SGR's price in relation to gold. I think even if gold were 800 an ounce we would still be valued at 3.90 like dundee says we are...

So if history repeats itself. We should move up when gold starts heading down. I was amazed last year when SGR was moving up when everything else was moving down.

Correct me if im wrong as my old age is starting to make me forget things quickly. But IM pretty sure IM right on this one.

r65