Re: Bombed or Torpedo"d
in response to
by
posted on
Mar 05, 2011 08:15PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
This was all needed before but no cash untill the big $80M bought deal last year. Hotmuck, no doubdt San got ahead of her - self by going Public an anouncing that they we"er the next Canadian Producer back in 2006. I always question to my - self, was San that naive that they thought they could set production targets with a inexpirence work force and lack of the mining package you just presented to us. Did San put the Cart in front of the horse and make this deal with the sharks on Bay ST. to buy time to prove up this elephant with ten rigs running. Did Bay ST. take advantage of the Bissett boys and lay out strict goals in - order to get this bought deal. Share holders with different entry points may be baffled here as what has gone on inregards to San "s lack of Public relations, and as investors we all have different views. My -self through this media ( 07 & 08 here ) i said i sold my San shares for these reasons and took the heat from the wally - Mart bashers since. To - day after seeing Sans Corporate Video and reading HotMuch:s up - date, it is , from a mining perspective , San is gearing up for full production. The development ( video ) has prepared mining faces for Sans new drilling equipment to drill multiple holes at once and extract a shift driller, a large bonuss for 12 hr "s work. ( Konor, gave an example of a typical drilling face for following a gold vein, a man standing and add a couple of feet on either sidefor elbow room ).Driller "s now well be able to drill double the distances in the same twelve hrs, so tell your friends to move to Bissett. I recall AndyK tell me a while back San had to return a wider scope for a narrow one as the veins were sporatic. One can;t tell what problems may exist in a mining day, and Sans are just starting as she developes in her future growth. Traders charts ( guys ) this is why your 200 day avg will show a continuos upswing and continue as longe asl San keeps showing her production increases. Since Winkin, Blinkin and Nod have created a false bottom in the mine, the instant numbers and BNN hype well help to reach their targets ( bonuss )..just my opinion here, i will add slowly here in my margine account and if San hits some numbers then i will increase on margine ( very risky, advise with your advisory )...PS" BUY low SELL ..high...Long On The Greens Traps7