I am surprised we aren't over $3.00 today, especially with Gold up. We were over $3 Cdn equivalent in US trading yesterday. At least we are holding the higher levels.

I think San Gold is finally getting to a proper valuation based on what is known - I think the $3.00 range is about right for now unless the price of gold spikes further. As the resource number grows, and especially with an updated 43-101, I would see $5.00 or higher coming and a TSX listing will help further. Then as production numbers come in at projected levels, I can see that a SP of around $10 is a possibility.

JMHO.

NL