San City What We Know We Have
posted on
Apr 25, 2008 08:11AM
N L,..unfortunately i experienced the crash of 87 and the similarities in my mind are the same to-day as to what is happening in the junior market.Sellers outweigh buyers and hence opportunities are created for those that have the knowledge and guts to see it through.What we know we have is still a disbelief in the eyes of many because of their lack of knowledge and when one tries to inform them we get called pumpers.San has shown us enough through news releases to make a educated guess on what we hold but we are just in the fourth inning of a 8 kil strike zone and just scratching the surface.San will require another two yrs of deep drilling to prove up this 8k and all longs will be well rewarded with a double did git share price.Howe's 2004 report with the help of Dale is very well documented and Sans share holders are very fortunate to have good management on their side.I am responsible for my investments and always look for long value plays and if i may guess here and not trying to pump,i closed my first black book at 6mill oz and the start of my second book will hold more pages in case we go into overtime...just stating what i believe and why i hold my position in San and neighbors. with out prejudice,Traps7