????? Who is Running This Co,
in response to
by
posted on
Oct 27, 2009 10:30AM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
Dale is the CEO but cannot control the share price. Lets step back for a minute and evaluate what has transpired in the last few yrs. San purchased the Old Rice Lake mine that was a past producer and thought that they could step in and do the same. I guess if they just concentrated on the main mine they may have met some kind of target but they found the hinge and new this was more feasible to mine and hence miss their targets. Dale is the CEO so he should have communicated to the market their change of plans as SG1 was closed and the Cartwright was put on the back burner.I tried to warn the board this was going to happen and was scolded by the board and lost my Hub statis as like now some see negative post as damageing, but this was the reason i sold most of my SGR in favour of the neighbor and glad i did as i see a $ 3.70 value. San has now developed enough stopes to start production and should be able to become cash flow positive while Winkin, Blinkin and Nod have given the green light as their pockets are finally filled. I see this $ 3.80 target in sight by yr end as the boys will want their Xmas cheer....i see i was given back my Hub Statis this week, i wonder for how long this time. Thanx..Long On The Greens. Traps7