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

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Message: WTF Does This Mean?

  • Measured and indicated resources will be upgraded to proven and probable reserves as detailed mid-term to long-term mine plans are developed

There's only half a million measured and indicated at this point. You geniuses could have it out of the ground in the mid-term to long term through a novel concept like actual production. You leave it down there any longer and it will get downgraded again both in tonnage and grade that there will be none left. The clarity of the press release is on par with the mid-term to long-term past of previous company news releases. It's puzzling.

Somebody please ask George what his definitions of mid term and long term are. Then ask him how long he plans to be the CEO or perhaps that might be a better question for the guy in the crowd with the I'm with Goodman lapel pin.

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