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: SGR still invisible to some writers... Mineweb

Hey Merc,

I can't really add much to what I posted...just that I have heard third-hand, now from 2 different sources, that new findings have management wondering whether they should spend the money to complete the 43-101 when waiting just a bit longer would let them include what they have found (supposedly so phenomenal that it significantly changes the picture again). The struggle with that is:

- if they wait, it is another case of not following through on what they said they woudl do

- if they wait, it might cause SP to lag again for awhile

However,

- putting out the 43-101, now when there is possibly a huge additional discovery that deserves to be included in a 43-101, would suggest that they would have to turn around and do another one within months - that doesn't make sense economically speaking

That's about all I can say at this point..... I am sure the picture will fill in better soon and hopefully management will be able to put something out soon to clarify what they have really found.



Share
New Message
Please login to post a reply