Re: His patience is "prodigious."
in response to
by
posted on
Jun 18, 2008 01:47AM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
Warren Buffet has said many wise things. I like the one where he says, "You dont have to be right all the time, once is the coup".
As far as San Gold. You have to look at the whole picture. I believe Ruf understands it. Why would they delay the resource estimate to include the hinge. We know it is there! We need to explore it furthur to get the best possible resource count. By the time we release the hinge there will be another discovery. (possibly closer to the neighbors property) And everyone will be asking to include that also while our neighboring properties ride gracefully on our coat-tails.. Sounds like the perfect story to me. The perfect storm. But I hear people wanting to jump right into the storm without leading up to it. That my freinds is playing with fire.
Production is going to happen. Shortage of skilled workers is the problem. Furthur financing at a much higher price may be in the works. I hope not but if it happens we need to say to ourselves to be patient. If you have waited this long what is another 3 years. Buffet is my hero.