With OLE takeover finally a reality, I like to suggest a switch to those who don’t wish to hold shares in Teranga Gold.
I believe Sunridge Gold is a major takeover target. I think we’re going to see many companies who have been hiding in the weeds come out now that the coast appears clear in gold and the worse over in the brutal junior resource bear market. SGC is a very attractive play that can be a near term producer with enormous upside potential. I control nearly 5 million shares.
Getting above $.20 is bullish and in this environment hard to not believe it can pop to key resistance at $.30. A buyer of the company could pay $.50 -$1 and not be close to overpaying.