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Message: Re: San Gold is Moving Forward
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Aug 15, 2011 07:40AM
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Aug 15, 2011 08:56AM
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Aug 15, 2011 09:06AM
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Aug 15, 2011 09:48AM
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Aug 15, 2011 10:18AM
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Aug 15, 2011 11:41AM
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Aug 15, 2011 12:08PM

You do have to pay for drilling that is for sure but that is a lot of money going to a board member. He may well exclude himself from any discussions or votes that may take place when the discussions of the board come around to drilling I do not know this but it would be pretty standard practice to do so. I have met Hugh and find him to be a very honest man. I am only going by what the CEO has said above "most aggressive drill program he has ever seen". That statement makes me wonder if the speed at which the drilling is being done is needed.

The only way drilling would be too fast would be if they couldn't afford it. IMO. Can you prove up reserves too quickly? I don't get that one?? Show me where Wynne Drilling is screwing the share holder and I'll be in your corner in a second. I took the CEO's comments that we have the most aggressive drilling program as a something he was selling as a positive. Do you really think he threw that out there because he thought Wynne Drilling was screwing them?

They're mining and production operations are in a position now to fund one of the most aggressive drill programs in Canada as of right now. That and the price of gold is higher and production is still improving. Looks like they can afford to run that drill program and get to CF+. Or they can drill even more, which would also be ok with me.

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Aug 15, 2011 06:20PM
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Aug 16, 2011 09:48AM
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Aug 16, 2011 12:19PM
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Aug 16, 2011 04:09PM
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