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

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Message: Re: Dividend or Dilution
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Dec 29, 2011 03:22PM
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Dec 29, 2011 03:32PM
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Dec 29, 2011 09:50PM

My original question was why the focus on the price of gold has not been answered

Last week we saw an announcement that said "biggest gold find in Manitoba's history" and it didn't have a lasting impact on share price

I can only answer questions ( your questions) through my own biased research Answers, are free, so I am sure you have heard the limiric about free advise only being worth what you pay for it.

First question was why the focus on gold. That is easy. At current prices of gold most miners are being valued the same as other equities, however most retail investors think they missed the boat that left the dock at $250. Due to this misconception our shares are actually being discounted from historical valuations of gold producers. IMHO when gold and silver truly get to historic prices, investors will want to get in on the action but will not be able to buy any physical so they will have to buy shares as their only alternative. This is why I am here. I want a homerun.

As for your second question I think you need to look at the share price the day of the news and the current price.

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