An update of Goodman's holdings has been filed on SEDAR. The main part of it is:

b) The net increase or decrease in the number or principal amount of securities, nd in the eligible institutional investor’s securityholding percentage in the lass of securities, since the last report filed by the eligible institutiona investor under Part 4 or the early warning requirements.

Since our last report filed on December 10, 2007, G&C, on behalf of one or more f the mutual funds or other client accounts managed by it, acquired 334,700 common shares of San Gold Corporation (“San Gold”). During this period, the issued and outstanding share capital number increased. This represents a decrease of G&C’s holdings in San Gold of 2.57% on an undiluted basis, or assuming the conversion of the purchase warrants into common shares, a decrease of 3.10%, on a partially diluted basis, as at January 31, 2008.

(c) The designation and number or principal amount of securities and the ligible institutional investor’s securityholding percentage in the class of ecurities at the end of the month for which the report is made.

G&C, on behalf of one or more of the mutual funds or other client accounts managed by it, exercises control or direction over 29,076,516 common shares and 5,909,272 purchase warrants of San Gold. This represents an approximate 14.13% interest in San Gold, on an undiluted basis, or a 16.92% interest on a partially diluted basis, assuming the conversion of the purchase warrants into common shares, as at January 31, 2008.