Cohen Outlook--FP Trading Desk, Mar 12
posted on
Mar 14, 2009 05:35AM
Excerpt
"We have a $3 price target on San Gold. The company is under followed with broker coverage just starting to break the ice. There's not a lot of fanfare with this one but its a nice little ramp up situation. They should be at full production rate by the end of this year and we should see it north of 1,000 tonnes a day, so about 100,000 ounces a year. We expect a resource upgrade in April and think there will be a lot of ounces added at a higher grade than the average resource grade. "
Link
http://network.nationalpost.com/np/b...
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