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San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.

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Message: shareprice

shareprice

posted on Aug 07, 2008 07:05PM

Be glad you're in Sangold, a company that has cash to do what they need to when other can't raise cash.

I have had drill projects cancelled, cut in half or cut to a fraction of planned this summer due to the lack of equity money going into resource stocks, but still made my budget for 07/08, could have been scary if all the projects went ahead as planned and on schedule.

This fall is going to be an exciting time to be invested in junior producers, gold according to most of the ananlysts is being manipulated and will jump to new heights when they can't hold it down any longer. If we have 3 m or more ozs in the 43-101 we will get the$4-5 shareprice along with it. What amazes me is how Aurilian can go from 0-15M oz's in a year. and San barely gets to 3M ozs in 3 years. Do the other guys have 30 to 40 drills working to prove up the resource? Not according to their website and news release. All the BS about it being undervalued at $1.2 B market cap is horse puckey. They are getting a considerable premium to what they are actually worth. Look for them to become an anchor around Kinross's neck JMHO



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