Several years ago, Doug Casey, speaking to a seminar on gold equity investing suggested that the way to go forward was find two or three jrs that are just in or near production, with reasonable infrastructure, and good exploration potential and concentrate your PM investments in those 2 or 3 stocks.

He said, and I quote, " Down the road you'll be selling those shares you invest in today to friends, neighbours and others at multiples you won't dream possible!"

That was pre-nupual SAN/Gold City! I was privy early to that marriage so concentrated my efforts accordingly, some of which have been rewarded with a 10 bagger+ already! I'm 7 years into the program, but looking at the #'s recently posted, 21/2 ozs over 20 ft, etc, IMHO, concentrating all or most of your investment portfolio at today's close will in the next 7 years produce similar or better results, ie, a 10 bagger or better.

The way Dale and co have recently accelerated SAN's inground rewsources, it could happen sooner than later!

I repeat Hugh's comment at the last annual meeting, " We've got a lot of gold and SAN is going to make a lot of people very rich!"

Isn't that why we're all here?

RUF