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Message: Re: CIBC World Markets Downgrades SGR
8
Nov 18, 2011 07:36AM

arbie, ..well said !..yrs back phone rings, Dad..i have a interview to-day for a Analyst position" can you fill me in on some mining stuff... go figure..Yes, San has alot of hidden value at $ 2. bucks a share and even at $ 4. bucks convince Bay ST"s smartest to jump in. San , my thoughts, got off to a good start through exploration but drove the nail in by going into production. Going through a total refit and giving forward guidence until 2013 of 20,000 oz increases allows Analyst to project Sans valuation as 6 gr/tn x tns through the mill increases..Dale said from conferece call that sections of the 300,000 meter well be release so this well add to value but until the 43-101 is documented and release shorters well play. San requires alot of development to reach the drills finds and well require a Mill & Tailings Pond upgrade in 3 yrs in-order too meet future growth past 1800 tns. PS" San is cheap and so are alot of the 50 juniors i follow. This Global melt down has erase yrs off most i follow to the point some are give aways..without prejudice Traps 7

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