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: 43-101

43-101

posted on Aug 18, 2009 10:05AM

Someone please correct me if im wrong.... I believe sgr said the 43-101 had a lot of work done to it. they just have to plug in the numbers from the drill results and they are done.

Basically saying if they picked a cut off date then they woudl be complete within 2 weeks.

So if thats the case the statement below says they already passed the cutoff date so in 2 weeks the 43-101 should be released. Now i know thats optimistic and with SGR track record that will never happen. but anyway i figure i'd ask.

"The company expects to have an initial NI 43-101 resource estimate for the new discovery soon. Delays in preparing the document have been experienced mostly due to the rapidly changing discovery profile surrounding the Hinge, new data has now been cut off and work is being completed on the document."

I guess its safe to say with the bonus $5MM from hinge we should be CF Positive on Q3.

That could play out really good, CF + plus 43-101 plus TSX listing could make us jump before year end, maybe i shoudl pick up a few more shares (then again maybe taht will mke the price drop even more).

Share
New Message
Please login to post a reply