Will SGR recover??
posted on
Oct 22, 2010 10:32AM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
What are your bets on a $5.00 recovery?? This stock has just been hammered since it reached its peak, and I'm assuming this has been the result of poor production??
You would think that given the investment that has been put into this company by financial houses that increasing share price would be a priority......Dundee still seems to think that $5.50 in 12 months is reasonable....is this far-fetched??
Wishful thinking aside....what is holding this stock down?? Does anyone have contacts at the company?? Is there more to this downturn than just production? Is this company rotting from the inside out due to poor management?? I would have thought the potential resource size alone would have garnished a better response from the TSX than this....it has for other companies of lesser size and development...
What are your thoughts?
Mike