Re: Slow Burn - end game for us
in response to
by
posted on
Mar 16, 2012 10:21AM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
They aren't in the mining business. They are in the money making business. There is no way they take this private. History suggests they get us in a position to be bid up and taken out by either Barrick or Goldcorp. That's if the going concern just doesn't go on to produce and grow on its own. Pretty tough to leverage a huge ownership position if you have no one to leverage it to. It won't go private.