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Message: Re: San Gold Announces Issuance of Stock Options

This news didn't phase me, the first thing I thought about was a conversation I had about 3+ years ago with Andy Ritchie of Jory. When I asked him back then about the dilution and outstanding shares, he said the growing share base was the last thing Hugh and Dale cared about. Guess he was right. Nothing should surprise us anymore, it will be very interesting to see how they dig themselves out of this hole and turn around investor sentiment as most investors are looking for an exit plan. You can only slam your head against the wall for so long.

Dimetri

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