SAR saracen mineral holdings limited

I too hold both. Believe there is more upside to RSG as SAR has...

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    I too hold both. Believe there is more upside to RSG as SAR has been rising for longer. But with RSG comes some sovereign risk with mines in west africa.
    I have an average price for SAR of 1.29 and now 1.80, and with RSG its 1.13 now 1.29 so have profited buying on dips, even got some RSG at 95.5 cents.
    Both have quality assets but RSG run from its 95 cent low only has been about 4 or 5 months, where SAR has been rising for 12 months.
    I suspect that currency will play into this with Sarecen more Aussie focussed so if there is stronger gold prices in AUD vs USD then they should rise more but if USD is stronger then RSG may benefit more. And with a week US dollar of late, the US gold price has probably outperformed AUD gold price.Although tonights trading looks like AUD price outperforming with AUD gold closing in on 1750 and USD up to around 1350.
    Price of gold probably factoring in a few market worries such as tariffs, Syria, North Korea and general market volatility, so rising as funds look for safehaven.
    Maybe hedge your bet and put a bit in each, and do lots of research.

    Christopher
 
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