Thx a lot for bringing up this old analysis, which indicated that in 2004 San Gold made in a correct strategic decision to step in Rice Lake and 5 years later they are in steady growth of production. Around the same time, RMX stepped in Red lake and now they are increasing the gold once count every month too. Both companys are great players in their home fields with San Gold ahead of game by 1.5-2 years in production while rmx ahead in marketing, but san gold has less risks with positive cash flow. I think both stock prices will get doubled in 2010. A tale of two lakes will be the story of 2010 in Canadian gold industry.