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

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Message: Production

Production

posted on Mar 31, 2009 11:41AM

SO let me get this strait, out of there projected 80 000 oz they said for 2008( I think they said this last year then revised it to 60 then 50 and 40) they managed to do a whole 14 000 oz.

Man that is pathetic.



Ok before everyone starts to flip on me, hear me out. I am all for san gold and i recognise that the 4500 is an improvement for the quarter and is remarkable since the head grade is only 0.12 ish. I realize this goes up a once head grade is in the 0.3-0.4 we are now at about 12 000 -15 000 per quarter which should be cash flow positive. So come Q2 we should all be making money.



So dont lash out at me, i was just making a statement that all longs are probably thinking "yeah no surprise" but we are all still here cause we know they will succeed.



Now for all the FC fans out there lets see this sucker rise, 4-8 bucks "tomorrow" lol. ok soon, hopefully this year.



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