Today seems a better entry point at $2.25 or so. I got in at $2.36, wish I waited til today, after listening to their presentation at the Precious Metals Summit in Hong Kong on 1/24/2013. I had been watching the stock for a while but the presentation pushed to pick up some shares. It sounds like they will be coming out with an updated resource assessment later this month that should really expand their resources and targets. You can access the presentation from their website.
I have been in Sabina for years and I like their management. I started buying at $.59 and have been adding through the years. Tony Walsh turned this into a first rate explorer- soon to be producer. The last miner-explorer he turned around was bought out by Newmont and all the shareholders did quite well.
yeah what a great time to get into this speculation play....its just started on the way back up, so if your serious, you best strike on this dip soon or else its right back up again.
I have only taken a small bite of this "fruit" just to try it out...I had read a good article on Sabina's chances of a good pop, so I bought in a little , so as to follow the story more closely...and then see if it might be right for a larger bite!!
Go to the profile section of this company...then go to the link for their website. That will give you some good reasons to buy into this gold play...I especially like their silver stream that they have set up with Xsrata!! it will be a constant cash cow flow for years...