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

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Message: I might of been wrong
1
Feb 20, 2013 10:53AM

I do still think it is correct for SGR to state realistic expectations. That is setting targets they can actually deliver on. It sucks that in order to do that, they have to set the bar so low, but i guess that what happens when we see SGR for that they truly are.

Now on another note, do they not still have 40 million in the bank?

And now with this 50 Million injection they should be sitting with 90 Million cash.

The Market cap is currently 90 Million cash this makes no sense how undervalued it is.

Yes i know I'm generalizing and over simplifying, and blatantly missing stuff (kinda like our friends do all the time). But in the end, unless you really think this stock will go bankrupt (which some might) they are grossly undervalued right now.

I think I'm prepared to go down with this ship.

I've lost more then 85% of my investment, what's another 15% at this point.

Risk of 15% loss vs 100,200,300+% reward, luckly I'm still young enough that if it takes 20 years to get back to 4.00 i can still enjoy the benefits then.


Feb 20, 2013 11:19AM

Feb 20, 2013 11:19AM

Feb 20, 2013 11:34AM
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Feb 20, 2013 11:42AM

Feb 20, 2013 12:23PM
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