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San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.

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Message: $7 dollar share is it possible this year

Instead of looking at the negative why not try to see what it would take to move this stock to $7.00 or beyond.

Currently the SAM is producing at .25 ounces per ton, all of which has to go through the D winze. That part of the operation creates a bottleneck that makes it difficult to mine multiple faces and move the ore easily to the surface. If they can start mining the 98 vein above the 26 level, not only will the grades go up, the tonnage will go up as well. If that happens I believe all price targets will be increased. Read the first news release from Jan. 20th and then read the next one from the 25th. check out the PDF's and take note of all the drilling underway above the 26 level. Some of the grades and samples are phenomenal. They also rediscovered the 84 vein much of which is above the 26 level.

http://www.sangoldcorp.com/assets/files/20100120_HG28Level_WebVersion.pdf

http://www.sangoldcorp.com/assets/files/20100125_28Level.pdf

I am hoping the next news release will update the progress on the SAM.

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