Taylor says buy back into San Gold Ticker Symbol: C:SGR Taylor says buy back into San Gold San Gold Corp (C:SGR) Shares Issued 335,230,029 Last Close 3/27/2013 $0.285 Thursday March 28 2013 - In the News Jay Taylor, in the March 15, 2013, edition of Gold, Energy & Tech Stocks, says buy San Gold Corp., recently 26 cents. Mr. Taylor said buy eight times from Oct. 16, 2006, to Nov. 21, 2011, at prices ranging from $1 to $3.39. He then said sell on Nov. 13, 2012, at 97 cents. Assuming a $1,000 investment for each buy, selling the $8,000 position at 97 cents yielded a loss of $3,165. San Gold is working toward raising production and lowering costs at its Rice Lake mine in Manitoba. It has arranged a $50-million convertible debt, to finance work for increasing Rice Lake's mill capacity. Mr. Taylor is disappointed because he expected Rice Lake to have higher mill head grades than its average of 5.5 to six grams per tonne gold. In addition, the $50-million convertible debt financing comes with shareholder dilution risk. In any case, the editor says San Gold could produce over 100,000 ounces of gold in 2014. Last year it produced 86,506 ounces or 500 ounces short of guidance, because of a mill breakdown, but it has since cleared that obstacle. Mr. Taylor says the stock could double over the next year. He likes San Gold's management, including SGX Resources Inc.'s Dale Ginn. San Gold owns one-third of SGX. © 2013 Canjex Publishing Ltd.