SAGA Gap Up Has Been Filled In, Possible Rerate Like REEMF Ahead

SAGA Metals (TSXV: SAGA) gapped up on August 4th from its July 31st high of $0.46 up to an August 4th opening price of $0.50 per share, and that gap was officially filled in on August 13th when it dipped to a low of $0.46 per share.

Click here to read the January 2010 press release from Rare Element Resources (REEMF) when it originally acquired SAGA’s Wolverine Heavy Rare Earth Project, which was then called the Nuiklavik rare-earth-element (REE) prospect, from Altius Resources Inc. (TSX: ALS).

With REEMF rerating in recent days, our guess is that SAGA could rerate next, especially with drilling at Wolverine beginning right now.

SAGA has a 100% hit rate of drilling success so far at its Radar Critical Minerals Project.

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA has received compensation from SAGA of US$100,000 cash for a twelve-month marketing contract. This message is for informational and educational purposes only and does not provide investment advice.