Stochchase.com
posted on
Apr 15, 2011 10:24AM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
BUY | 2.560 | Andrew Cook | Manitoba gold. Interesting that gold prices have made record highs while this has had significant corrections. Was a darling for a while because they were finding high grade and increasing the size of their resource. Feels it got overvalued. Also an adjustment from an exploration development company to a producer. Current level is very attractive because of record high gold prices and the significant increase in their production levels. | 2011-03-31 | |
TOP PICK | 2.770 | Charles Oliver, HBSc CFA | Gold in Manitoba. New exploration and have found some great zones that seem to line up with their existing zones. Stock price has been a little weak but the reserves and resources they have are huge. Have the infrastructure and now they have to execute and increase the size of the mine. Very Cheap. | 2011-03-07 | |
DON'T BUY | 2.770 | Brent Cook | Sold his holdings last year. Now in the phase where the question is, can they make money producing gold. So far hasn’t had much success. A “show me” story. | 2011-03-07 | |
WATCH | 2.920 | Bill Harris, CFA | There is only a handful of high quality “going into production” gold stories in Canada. This one fits that category but seem to stub their toe every once in a while. Transitioning with a new management team. | 2011-01-24 | |
Comment | 3.460 | Bill Harris, CFA | Really focused on building a gold mine. It was never a really tight structure that a CEO could move. Just named a new CEO. Right on the cusp now but really need somebody to drive it. | 2010-12-16 | |
Comment | 3.510 | Jason Donville | Not his favourite but if you like it that’s OK. Used to own. | 2010-12-06 | |
WAIT | 3.240 | Brent Cook | There are a number of parallel veins off to the side of the one they are drilling. He sold out 2 or 3 months ago because it got to the stage where they should make money. He backed away and is watching again. | 2010-11-02 | |
BUY | 3.270 | Jim Huang | Some operational issues with costs, grades and outputs on current mines. Wasn't really trading on production and cash flows but on exploration results they have been generating. Looking for to go back up. | 2010-09-30 | |
BUY | 3.700 | Charles Oliver, HBSc CFA | Have done exploration outside of the mine location in the last 1-2 years and found some veins that seem to line up with the ones in the mine. Sees a significant increase in the resource size and wouldn't be surprised to see another 5-10 million ounces in the next few years. Well cashed up. | 2010-07-29 | |
BUY on WEAKNESS | 3.670 | Andrew Cook | An attractive entry point into a gold stock. They are in production but are continuing to drill to increase their resource. | 2010-07-27 | |
Comment | 3.830 | Peter Hodson | Nice company. Properties in Manitoba. Drilling results have been very strong. Did a very big issue 4-5 days ago that they had to reduce from $130 million $80 million indicating the market did not want to come up with the larger amount. Short-term the stock is not going anywhere but long-term it's a rock solid company. | 2010-07-22 | |
HOLD | 4.070 | Bill Harris, CFA | At this price it looks like it is fully valued. Either the price of gold goes up or they have another discovery to get the stock to blast off. A “Hold” at best. | 2010-07-06 | |
WEAK BUY | 4.450 | Jason Donville | Gold stocks are all doing well but this one seems to stumble operationally. This quarter was a bit of a disappointment. This one is fine but prefers Semafo (SMF-T) and Imperial Metals (III-T). | 2010-05-14 | |
BUY | 4.790 | Jamie Horvat | Likes it. Every time he drills he hits good gold grades. Needs to be looked at as a new producer. Added to the position a few weeks ago. | 2010-05-11 | |
Comment | 4.350 | Don Vialoux | Performing very nicely and we are in a period of seasonal strength. Chart shows a nice breakout as they are just starting to process some of their higher-grade ore. Chart indicates he can go significantly higher. | 2010-04-30 | |
STRONG BUY | 4.010 | Andrew Cook | At an all time high. A lot of room left to go in this stock. They started with a deposit that has become significantly larger and they are now in production. It keeps getting better and better. You are going to see significant cash flows going forward. | 2010-04-26 |