Re: Wonder( Hotmuck)
in response to
by
posted on
Aug 14, 2009 09:15PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
I know you have read most of my past posts to the forum, and as such you probably know that I have been one of the true supporters and at times defenders of the management at San Gold. I am a manager of a large processing plant in the lower mainland of B.C. and I know how hard it would have been to find experienced people to cover all aspects of a complex undertaking, such as an underground mine. If there are cushy jobs at high wages somewhere else who in their right mind would go to a black fly and mosquito infested part of the world. Never mind spend your shift up to a mile below the surface of the earth. It must have been a real challenge to accomplish what they did and that is why I still support them and will invest in any other future endeavor that they get involved with. They are winners and I for one do not mind going along for the ride, Heck all I have to do is phone my broker. (pretty cushy to say the least).
The part I didn't understand is why they have to show results to a potential investor. Everything is there, the mines (plural) the permits, the roads, electricity, and blue sky potential on the resource. Even Goldcorp had a ton of problems getting mine production up and running. The CEO's of these companies are in theory not dummies so why can they not look at the potential production. Something was going on yesterday and I am fairly confident it was positive, however as a rookie I sometimes need a little reassurance.
PS
Great post H and thanks for sharing it with all members of the SGR forum.
Rookie Prospector