While other gold stocks are taking a hit today San’s recent fall has been so severe it would seem there is less downward movement left in it. .

Whatever you may think of management, looking back you can’t deny they were able to raise money under very favourable terms. Perhaps if one was feeling generous you may say they did a good job by the skin of their teeth, let’s hope the end justifies the means. A golfing term which comes to mind, is they were able to scramble out of a difficult situation.