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San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.

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Message: Takeover?

Rook, this post is for you (insightful call on the SKP Directors). And appears Mr. Wynne has not sold his 300k shs (recently exercised @ a buck twenty).

Investment Executive - June 2011 - Investing to weather the coming storms

http://investmentexecutive.newspaperdirect.com/epaper/viewer.aspx

Dundee Corp's Ned Goodman seeks hard assets to cope with inflation and currency devaluation that he sees on the hoirzon

- 'The world does not have sufficient resources, says Goodman, to fulifil the growth in demand resulting from population increases and the rising middle class from emerging markets. A lot more must be discovered, developed and brought to market'.

- 'If you produce too much of something, it goes down in value - that include cars, watches and paper currency'.

SGR Annual Report & AIF

Very Informative read.. (Shareholders Right Plan, Options, director changes). IMO, SGR action today (heavy volume) looks like there was short-covering - but maybe more than just upcoming drill results.

- stock price recently near 52 wk low,

- steady increase in SGR management compensation,

- Mr. Pirie recently joined SGR (previously CEO Breakwater Resources - 25% owned by Dundee Precious Metals)

- Conflict of Interest negated - SKP boys departed,

- Institutional aggregated holdings - Dundee

- Amended Shareholders Right Plan - Dundee?

- Dundee Corp has approx. $1.4 B in Scotia paper - $60 mil in dividends / yr.

- Empoyment Agreements - in event of takeover,

- Search of the pencil - grades go crazy!

- Investment Executive article,

Just can't help, but connect the dots....The approx. double of annual compensation for management (past 3 yrs), including their sweet options (gravy train), missed expectations (previous yrs), delayed prodcution results....just won't matter... IF this enormous (potential) deposit is taken over for a nice sum of Fiat Currency.

Fully Diluted = $322,341,862

@ $3.50 ($1.12 B) Initial Offer

.....Bidding War

@ $4.50 ($1.45 B) Winning Offer

Winner, Winner, Chicken Dinner.... Dundee - priceless, as these nuggets may represent the next Gold Corp.

Nugget (speculative opinion)

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