The Chinese Connection
in response to
by
posted on
Jun 03, 2008 09:38PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
My first question would have been, whispered in the ear of the leader of the deligation, "How many container loads of miners would you deliver for a 'couple of inches' of $50.00's?" ($100.00's if necessary? backed by Gold of course!) The ride may even be more comfortable than the hold of the sailing vessels of yesteryear that delivered them to our shores to build the railroads, the building of which became the biggest scandal in Canadian history! True to Canadian jurisprudence the perps were never brought to task! Instead, they became very rich and respected!
I assume the Chinese beaurocrats are as corrupt as as any!
100 miners trained by the chinese would work wonders at Bissett!
Once you've established their level of greed, a PP at $5.00 or $6.00 with a $10.00 warrant might be in order! Dilution at that price would be very healthy. (This wouldn't even set a precedent as Peter Munk pulled a similar financing with Adanan Kashogi early in Barrick's history, which ultimately made Kashogi a ton of cash! (IE, sold him a big chunk of Barrick at a huge premium!)
IMHO, they would be more than happy to swing some of their $trillions in US bonds into a well hidden investment like SAN, producing GOLD, the strongest anecdote to ownership of US Bonds or Paper.
This scenario, while it's only a scenario, would make make many peasant SH's very rich and respected!
Isn't that the "mission?"
RUf