Update on my stock alert for Shore Gold (SGF). A few days ago I alerted about Shore Gold and their potential move stemming from their diamond mine. We'll they just released an independent feasibility report and have announced very positive results! The stock has reacted today with about a 15% move and this could be the beginning of a mini rally. Keep your eyes on this stock and keep in mind that this is something that will move over the long term, 3-5 yrs, as it will take this long to get the mine built and underway. However if they continue to release positive news about the resources reserves located at this mine expect rallies to occur on these news releases.
check out the news release: http://www.newswire.ca/en/releases/archive/August2009/27/c7957.html
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Thursday, August 27, 2009
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