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San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.

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Message: mas
Canada has a reputation of being a great place for junior mining because of its accounting spread sheets and one can make all kinds of observations and use the numbers to suit their own responses,..example, Hotel San Antonio was mentioned as expensing over $4 mill and one would say,no that was for hughs drilling,but hold on hugh billed $6.5 mill for 2007 so who drank so much.The Vancouver Exchange allows accepted accounting principals applicable to a going concern and allowed San to consolidate our 2006 and 2007 financials and to include moneys spent on our JV'S.Looking at the $ 6.5 mill in 07 on drilling is key here because we know we find gold for ten an oz so another 6 mill oz added to our total is a good thing.San shows a loss carry forward of $30 mill and $45 mill of unused exploration and developement cost to offset future taxable income so we should be tax free for a while.San appears to be gearing up for a major increase in production by updateing our main hoist and ball mill along with the crusher work.Sans new COO (CHIEF OPERATING OFFICER ) will help to dispence Dales work load and will be a good addition to our team.San seems to have a plan in place to excel production to full capacity.Long on San and neighbors,Traps7
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