Re: 21/2ozs over 20 feet = 100,000 ounces plus!
in response to
by
posted on
Jun 09, 2008 02:08PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
E,
I am not into the number calculations enough to know whether this calculation is 100% accurate, but that doesn't conern me at all..... what counts to me is that there is a HUGE AMOUNT OF GOLD up there in "dem dar hills" at Bissett, and the quantity and grade just keeps getting better and better. As such, the value of this company to us as shareholders will also get better and better, IMO, as the reserves and production grow. I am now thinking that $10 per share is perhaps not even that unlikely for 1 to 3 years from now. After wwaiting in the $1.00 to $1.60 range for what has seemed like a very long time, I think we are just starting to move up to where we ought to be already. JMHO.
NorthLion