Is this a fair question?
in response to
by
posted on
Oct 22, 2008 08:52AM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
Would you rather own a Bre-X, rising from $.50 to $280 with nothing (Of course the market wasn't aware of that, they simply bought into their story, ie., promo, the act of "selling dreams!" ) or are you more comfortable with a SAN, dropping fron $2.25 to $.74, with potentially the best story to promote in the gold "world" today, the compounded result of many factors, but, IMHO, PROMO, or outright lack of it, tops the list! (It, PROMO, doesn't exist in the Co's vocabulary! A trajic, fumbling, bumbling oversight!")
No "selling" of any "dreams" here, just loss of sleep, and, as I'm hearing from many invesators in the stock, "regret!" (a collective feeling of "numbness" or "dumbness," the choice is personal!)
As "rich" as the "story" could be, and as high as the SP "could" have been, His Lordship, the Chancellor, IMHO, will "soon" pick our pockets clean at a price unheard of for such "wealth!"
Good on ya' for finding the "gold," shame on us for expecting (as shareholders, some, longstanding supporters!) our fair share!
This "situation" didn't show its "ugly" head with the recent follies in the marketplace, it has, unfortunately, accentuated it, with the SP TUMBLING TO 2005 LEVELS! (this happening after many "unprecidented" new discoveries, each one improving "the story," but because of a continued lack of zeal in the form of PROMO, no accelerated movement in SP which many (no doubt all!) had expected!
Now, back to the question!
RUF
As Robert Friedman said, "you start with smoke and mirrors!" (then you accidently stumble on a Voisey Bay and the "smoke" becomes "fire!")