Re: MD & A and Financials Are Out
in response to
by
posted on
May 30, 2008 09:27PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
With gold sales and gold in process at $890/oz it is close to 5000 oz total for the qtr. they had virtually no prodeuction in January and February when they had newly trained miners quit and the shift in focus to developing high grade stopes. As a result there are 30,000 tons of high grade ore in stopes ready to be processed. 25 new miners have been hired in this period and some of the ones that quit are back so ore development is progressing at a higher pace and we will see much better numbers 2nd qtr and profitable nubers in 3rd and 4th qtrs.
Hang onto your hat share price is ready to start its run. JMHO