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SFEG - Santa Fe Gold Corp
SFEG is worth over a $1.50 right now on PE. The company has a merger coming up some time first quarter that will increase shareholder value. The stock is bouncing off a five year support solid. Stock has been not moving much but with 4 million in cash given and another 12 deal announced today this will uptrend from here break the major .40 resistance and have legs all the way up.
Strong Buy. If you look on the chart when it sold off in June 2012 that was due to panic selling you can see in the accumulation nobody dumped but held onto shares and waiting. Thats how much trust is in this company. They know if they sold it off it would be 1.50 easy.
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