Re: full disclosure.
in response to
by
posted on
Dec 08, 2008 06:58AM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
To Silverback, Elementwise, et al
This discussion has been of interest to me and i am sure to most of the board while the discussion has been about specifics. All the info has been informative, such as the jaw crusher, of which i had no idea that a couple of deals had fallen through. News to me.....
But evaluating that news and all news divulged on this board should always be looked at the point of view of how does this affect me and the SP.
Didn't get a jaw crusher? Didn't really affect whether i knew it or not, the future will depend on having the jaw crusher when production ore is ramped up, at that point when it is needed, it becomes an issue, and one that I hope the BOD would deal with in a precise way that allows all investors to know that this has become a bigger issue.
Since my investment horizon is long term and i have not been trading (sometimes i think i should have taken some profits), these things are minor to my point of view.
As to the question of production numbers and missed targets, these things are disconcerting, but I have always believed that hiring Berezin was the best thing for this company and its SH'rs and I will let the man do his job before I take issue with how the company is going to get there.
Some of our posts have been a little negative, and I truly believe that this is for the good of this board, because it demonstrates that we can not wear rose coloured glasses in a higher risk investment such as San Gold. The answers to those negative posts have been for the most part a bonus because it shows that people who know, and can communicate that effectively, are getting the opportunity to keep us focused on what matters to the SH'rs.
I hope that all who post, keep posting their opinions, they are valued by at least me and I am sure by most on the board. One thing that we should all remember is that respect goes a long way to making all feel welcome and prevents us becoming another StockH, which i really don't want to see happen here.
Thanks for your read.
Andy K