posted on
Apr 16, 2008 09:10AM
San has taken a path that will lead investors to their banks with bags of cash and pay the Feds huge gains.Dale and Hugh knowing what they were sitting on had to devise a plan to keep control while they prove up this huge green belt.Dale had spent yrs in the Rice Lake area and helped commission the 2004 Howe report which to-date has been very accurate in proving up our huge veins.Sans eight rigs running is the key to her success and the rest is just mining and smart people which San has.San in my opinion can defend a $8.50 share price at this time and through her development work will be feeding her Mill by yr end at 1200 tons.Next yr (yr four )San will have to upgrade her Mill to handle the ore and San will be able to control the grade of feed and then we will see our share price in double digit.San will benefit all longs by going it alone and having the time to prove up her ten million plus and more.San has the option to take control of the entire greenbelt through her JV and WEL and this is what i am counting on at these low prices.Traps7