$.30 = $100m Market Cap = Insanity
posted on
Feb 19, 2013 03:46PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
I can't believe the market cap for a going concern with a 2 producing mines, all the infrastructure to produce 100,000 oz for years, permitted, trained workers, upside on exploration below the best known zones, and an so- so Senior Management team who missed a few production guidelines (ok, I admit, all of them in history). Still $100m market cap. Why the hell sell at .30+, are people actually believing what Stonecap says ? Sell at $.30 to buy the DB, I don't think so. Gotta think it's PM mutual fund Mangers selling to cover fund redemptions. Do their retail clients really think gold is going to tank? Safe to buy T-bills, go ahead.
Also, can't believe we still have a CEO who has no skin in the game. Should have been a pre-requisite to hire or getting any options.
This is just plain stupid already ! Put a 6 month halt on the stock (lol), frik do something, quit, harry carey, anything !
Gotta be the bottom here, just too far over sold.
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Interactive Brokers Canada Inc.
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TD Securities Inc.
P.O. Box 1, TD Tower 12th Floor, 66 Wellington Street West Toronto, ON M5K 1A2 (416) 982-8222 007
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Instinet Canada Limited
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Instinet Canada Limited
Canadian Pacific Tower, 100 Wellington Street West, TD Centre, Suite 2202, PO Box 134 Toronto, ON M5K 1H1 (416) 368-2211 013
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P.O. Box 50, Royal Bank Plaza, South Tower 200 Bay Street Toronto, ON M5J 2W7 (416) 842-2000 002
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P.O. Box 50, Royal Bank Plaza, South Tower 200 Bay Street Toronto, ON M5J 2W7 (416) 842-2000 002
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TD Securities Inc.
P.O. Box 1, TD Tower 12th Floor, 66 Wellington Street West Toronto, ON M5K 1A2 (416) 982-8222 007
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P.O. Box 50, Royal Bank Plaza, South Tower 200 Bay Street Toronto, ON M5J 2W7 (416) 842-2000 002
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P.O. Box 50, Royal Bank Plaza, South Tower 200 Bay Street Toronto, ON M5J 2W7 (416) 842-2000 002
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