posted on
Dec 19, 2009 08:11PM
The question here is "Who knows what?" I've been in the dark since day one as an investor in SAN and the lights, IMHO, are not burning any brighter today than they were 5 to 6 years ago, although the SP has risen 10 fold+ supported for the last 18 mos by the drill and the "grace" of some higher power!" (Lady Luck! in the form of Bill Fierra!)
The first step in recognising wisdom comes with the knowledge that individually we know vveerryy. very little in the scheme of things and that will never change, at least not in our lifrtime!
Too many factors are totally out of our control as investors in any equity, SAN is no exception!
There are exceptions: #1 is that when markets collapse, invariably the TSX-V takes the biggest hit.(Certainly in NA if not the world!) As SHs we had front row seats to this phenom in the past 12 mos or so resulting for many in lost sleep and worse lost $$$$$! #2) It is estimated the 60% of all equities are manipulated by someone whose self interests are need continual stroking! IMHO, SAN falls in the manipulated 60%, and has for many moons! The saving grace is that the manipulators have the same goal as the manipulated, which is, IMHO, probably the best info we as "littlr guys" can expect!
The fact we (The General public!) know they (SAN) have a highly potential gold reserve is a surprise to me! You have to wonder how such info filtered down the pecking order to reach the likes of you and I, whom I suspect the "powers at be" have great contempt for! (Their contempt fueled by greed may be excused by some but not by all!) Actions speak louder than words!!
#3) Talk is cheap!
No mallice aforethought.
RUF