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Message: Bill Harris' Comments Summarized

Bill Harris' Comments Summarized

posted on Nov 24, 2007 09:36PM

- San Gold fixed their operating issues and are doing a super job

- they have a big resource base with a minimum of 1 million ounces of mineable deposits

- while the base metal market has broken down, gold hasn't; SGR is down as a result of getting caught in the recent general market sell-off, unfairly so

- by the end of the year we can expect to hear of a multi-million ounce deposit

- there are very few new gold producres in Canada; SGR is one, and the market should revalue San Gold soon as they are a producer, they have a good reserve base and should soon be announcing a multi-million ounce deposit

- earlier in the year, Bill Harris was expecting to see SGR at $2.00 and he still hopes to see it finish the year at $2.00

 

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