A simple question folks. I'm holding a number of SGX shares and plan to increase my holdings. My question is "do it now...or do it later...seems the subprime issues are going to have a rather negative on the overall market.
I have always held to the fact that a mining play in its infancy does not move with the bigger market, unless....the big guys get into the play and decide the play is expendible to cover losses elsewhere in their portfolios.
My opinion - SGX has too much upside to let go of it even short term..long term I have no doubt the company will become another TVX Gold with share prices in the 15 to 20 dollar range. Not because of what they are doing now..but because they have management that have the experience to get us there.
Lets hope for a great week... Long on Sage.
MM