Loosepucks...

The world is waking up to facts that we, who have been into gold, have been saying for a long time...the terrible state of the US economy is going to drive people out of US dollars into safer havens, and one of the primary havens is gold. As such, IMO, San Gold will come out of this better than most other stocks because it is all about gold. As the world shifts further to gold, the POG will rise, and the fortunes of this company will as well.

What we are seeing over the past few days is a huge panic reaction which is dweeping across every sector as people madly sell off stocks, and some are scrambling to cover margin calls. As the dust settles, trading will again become more rational and SGR should rebound. In the meantime, there are others with cash available who will be snapping up bargains while they are there in front of us (that includes me).

The company itself should not have a problem - it has just raised $40 million + which will carry it for many months, and in the meantime, actual gold production will increase to a steady output as the new high grade areas begin to be milled (in addition to other ore already being milled, at a lower rate of production).

NothLion