Welcome to the San Gold HUB on AGORACOM

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

Free
Message: The financials and production vs exploration

The financials and production vs exploration

posted on May 31, 2008 11:57AM

The way it needs to be looked at is thay are on track to doing what they said they would do.



Institution's are not interested in production #'s and sales because that is evident by the #'s released by big name companies. Some doubled earning's per quarter but still barely moved on price. The reason why production is important for us is so we don't have to do more financing. I heard we have about 3 quarters left before we run out of money. By then we should be somewhat balanced on paper. (let's hope)



It seems big player Institutions are interested in exploration only. What San needs to do is find and release the motherload. (the hinge)??..

I expect news release this week to furthur add no doubt that there is a motherload. They should also add somewhere that they should be cash flow positive before they run out of cash to furthur secure strenghth if they want to increase our share price. (as they apparently want to do)



Next week will be a pivitol week and they need to continue to impress us with high grade and some assurance that we will not need furthur finance. If they do furthur finance it better be a good reason and at a much higher price.



cheers



Share
New Message
Please login to post a reply