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Message: Re: San Gold at Vancouver Gold Show
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Jan 22, 2008 04:34PM

San Gold had their usual booth, #601, at the Cambridge Investors Conference, aka "The Gold Show", billed by Cambridge as the largest gold show in the world, with 10,000 attendees.

 

The SGR booth was staffed by Dale, Courtney, Rick, Arness and I think Shawn was there for a bit, although I didn't see him. From what I could see in my several rounds of the 450 exhibitors, there was a lot of interest and traffic from the 10,000 attendees at the San Gold booth. I think the word is finally starting to get out.

Dale told me he expected the 43:101 to be out some time in February.

I asked him if SGR would have any interest in a share offering for Marum and he told me, NO !  He wants them to start drilling on their own to see what they've got and if they come up with something really good, well.... .........then........that's a different story.

My own feeling is that SGR's focus over the next few years will be to continue to drill, drill, drill, with a view to proving up an ever expanding resource.

It's hard to argue with that strategy; we have to find out what we've got in order to evaluate the worth of the Company and make plans for the future, and the only way to do that is with the truth machine.

This is what all underground gold mining Companies do.  It is no longer thought to be a prudent strategy to just follow the veins and hope they don't stop, as a lot of Companies did back in the 30's through the 60's and is apparently what Harmony did when they operated the Rice Lake mine before shutting down and pulling out in 2001.

I also heard, but didn't see them, that the Dundee folks, along with Rob Cohen and others, were at a San Gold dinner on Monday evening in Vancouver.

 Fred25

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