Re: Last NR
in response to
by
posted on
Oct 22, 2009 12:59PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
The company that I work for runs it's pension through Dundee Wealth Management. My advisor is very coservative and I had a very difficult time convincing them that I wanted to sell everything and go 100% gold. SGR is still rated high risk by Dundee, however upon further investigation, any stock under $3.00 gets that designation so I consider the rating irrelevent. I really don't want to be an apologist for Dundee, however most of the SGR shares they are buying are being put in Mutual funds and fund holders do not tend to be traders looking for a quick buck. I have been berated by some for my consistant, positive message, however I will repeat my "investment" strategy. I am just as worried about a major correction as everyone else and as such I have chosen what I believe IMHO is a growth story to ride out the uncertainty. If I decide to sell SGR it will be because I have become bearish on all financial instruments including cash, and as such will buy guns ammo and vegatable seeds (just kidding). Keep up the good work Dale and keep those hard rock miners happy and productive.
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