In yesterday’s Fin. Review there was an Article titled ‘How The...

In yesterday’s Fin. Review there was an Article titled ‘How The Rich Invest: Kerry Stokes’.

It went on to mention the stocks that he has done well from in the past year contributing to his growing wealth. Saracen was one such stock rising 76% in the year (prior to yesterday and today’s rises). It also mentioned that production numbers for SAR were above analysts expectations.

If the share price can clear this area on the chart then it is blue sky above. Previous high was $1.855 back in 2016. If gold keeps going up, or even stays at this level then we might just keep heading higher. It would be good if this level became new support level but may have a bit of work to do before that happens. This is such a well managed Company, hence the steady rise over the past year. Raleigh Finlayson was also an Award Winner in WA’s 40under40 Awards. He was named ‘1st Among Equals’ of the 2018 Winners. You can go to the 40under40.com.au website and read a very interesting Profile on our MD. This absolutely reinforces the thinking that Saracen is being led by one of the best in the industry. I’ve said it before, Saracen is a long term hold for me. Finlayson’s next production target will be 400,000 but he won’t stop there.

Cheers ...
Cazzex