Re: A Sign of the Times
in response to
by
posted on
Jun 26, 2008 08:11PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
1. we are legitimately undervalued
2. we do not want a takeover
3. pending 43-101 and real production(becoming profitable)
4. many drills turning and new geological exploration format
5. new exposure, that is brokerages requesting meetings,and great NR's
In my opinion wanting a drop in share price is crazy, I understand buying cheaper is nice but lets say we drop to a SP of 1.6 we all add a little say 15% more than out current holding. Then the takeover comes out of the shadows because it is real. The big boy grow when they eat fish like SAN and get value for these little gems. What do we really get for a final SP value before we get assumed and lose the huge upside we can get by remaining onour own.
If you are long on SAN (and that length shortens monthly now with all these great NRs and new exposure in the marketplace) then add now, I have been adding at many price levels despite the fact that I picked up the majority of my shares at 0.38. The story is just starting to unfold if we believe then add!!! If not then Sell and enjoy the spoils of the last five weeks.
21buck21