Re: 10-km faulted fold axis extending eastward from Horseshoe Lake to the San Go
posted on
Feb 26, 2010 02:52PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
Canadian high grade gold resources deserve high premiums. Anyone looking for cheap gold will have to go to Mexico/LA, like what gg is doing.
Gold eagle got c$1.2B market cap before any production preparation, with a semi-43-101 report indicating 5M oz gold. So sgr's 3M oz gold deserves 0.72B, plus the $0.3B production credit we both agreed on, I got the number of 1B, which is kind of ok for what sgr has now, but unfair cause it gives no value to 3 new zones including the 007 style grades(we all know how the super high grade finding by gg developed into a 10M oz production mine), the possibility of listing in tsx, and the new JV with skp, imho.