Welcome to the San Gold HUB on AGORACOM

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

Free
Message: From a post on the CSI board on SH

Something to keep in mind, RMX SP may have moved (as a percentage) much better than SGR's, the market has come to realize its potential, but in reality the market cap really only aligned itself to that of San Golds market cap...well within 10% of it anyway ($520M for SAN and $567M for RMX)...what this tells me is that the market considers both SAN and RMX to be relative to one another at the moment. the market has priced SGR for an expected resource of 3 mil ozs...at AGM Dale was suggesting that a premature 43-101 would have caused a fall in SP which suggests that we didnt hit a 3mil 43-101...what we all need hope for now is that the delay and addition of ozs. to the 43-101 will come in at over 3mil ozs, then SP should move...coupled with more finds and strong gold prices then we will really see movement in SP.

Share
New Message
Please login to post a reply