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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: Bombed

Mar 04, 2011 02:01PM
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Mar 04, 2011 02:49PM
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Mar 04, 2011 02:50PM
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Mar 04, 2011 03:13PM
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Mar 04, 2011 03:26PM
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Mar 04, 2011 04:49PM

This stock has never gone up on the first day. All the retail buyers take profits. Watch it go up on Monday.

The mill expansion money is in the bank so it is merely a matter of ordering equipment which was to be a new Jaw crusher and a second ball mill. They opted for a portable crushing plant which has been working for some time now and the foundations for the ball mill building expansion were put in before the current company bought the mine. Not a huge project to increase capacity. The rest of the mill uprades were done during initial start up and shortly after to get better recoveryfrom current ore. A second Knelson style concentrator for coarse gold and extra flotation cells were added. In the last year new air fans and heaters were added, a huge new equipment shop has been built, a new surface exploration core shack was built and numerous new pieces of equipment added such as Rock trucks, scoop trams, jumbo drill, big wheeled loader for moving rock from outside crusher to mill, 2 portable crushing plants, Crawler tractor, more camp room space, office expansion, more geologists and mine engineers. etc. This was all needed before but no cash untill the big $80M bought deal last year.

JMHO

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Mar 05, 2011 08:15PM
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