posted on
May 31, 2011 09:58PM
Welcome to the San Gold HUB on AGORACOM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
Message: Takeover?
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I have been reading between the lines and I think you could be on to something. I strongly disagree with your $4.50 valuation unless the SHolder rights plan allows me to double up on that number. If Ned does have interest in owning a goldmine this one would be perfect for him and because he has the inside track I would guess he will want to move sooner than later. This company will only get more valuable as time moves on. It would be a huge disappointment to me if SGR is bought out before we see what is in the 7 ovids that Traps keeps mentioning. I also would like to be holding this stock when they decide they need another mill and maybe another shaft. So much upside potential here and I seriously want to hang in until the story is fully understood. Otherwise the last year will have been a total waste of time.
Development Plans to 2013
Development Plan
•
Build ore envelope
2012
• Determine best access points
•
Determine optimal production profile for increased resource
envelope
2013
• Deliver and implement optimized mine plan
•
Realize regional potential
21
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