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

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Message: Re: sgr value
5
Aug 26, 2010 09:43AM

"Just be patient, and enjoy the ride - it's going to be big."

And which ride would that be? The one from $5 to $3.66?

LSG is up 6.5% of their pp price. SGR, barely above water.

LSG sp moved up into financing while SGR's moved down.

You say to be patient. Why would someone be patient with a company whose own management has a shakeable faith in their own resource. If management truely believed they had something as big as everyone here thinks, they wouldn't have sold us out at $4 in order to ensure a paycheck for themselves and Wynne drilling for the next 3 years. If you can present a better arguement for the low pp offering I would like to hear it. And yes both LSG and SGR did their pp @ 80% of their highs. Thing is SGR, is waffling whereas LSG has been invigorated. They probably new that the Pine falls mill was going to close for good and had to have cash available in order to hire more stellar local employment :).

4
Aug 26, 2010 11:32AM

Aug 26, 2010 12:17PM
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Aug 26, 2010 01:06PM
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