First, the San Antonio mine goes down about 5,500 feet, not meters

so you think the bulk sample from the Hinge was not economic at about 5,500 oz processed !

so you think the latest drill results are not economic:

http://www.sangold.ca/i/pdf/2010-Sept-9-007-results_release.pdf

how about these from the 28 level above 4500 feet (eg 13.3m x 120.9g) :

Dale Ginn, CEO, stated; “San Gold mine geologists have produced one of the most impressive intersections ever within Rice Lake. Taking into account that this is exploration drilling outside of known Rice Lake mine extents, these results are truly remarkable. The mining team’s efforts are demonstrating that this mineralized system is linked to our new surface zones and that our geological model produces results at depth as well as near surface.

http://www.sangold.ca/i/pdf/20100422_RL_East_HighGrade.pdf

If you really think the gold found between 100 meters and 450 meter is not economic why would they be spending millions to do another ramp decline to it and a bulk sample. Why do you think Dundee is still a major owner.

This Company is blessed with great geology and great exploration results. It's Management's inexperience in task management and it's poor communication with shareholders that have gotten us to back to $3.35

note per Brent Cook, grade in grams x meters over a value of 10 is clearly economic.