"Noah did not start building the ARK when it was raining!"

Why has WB been the most successful investor in history?

First of all he is very content. As an investor he has discipline, patience, flexibility, courage, confidence, and decisivenes.

He will take risks where the odds of total loss are low and the upside rewards are substantial.

WB stresses that the critical investment factor is determining the intrinsic value of a business and paying a fair or bargain price. He doesn't care what the general stock market has done recently or will do in the future.

"One doesn't have to be correct many times in a lifetime."

With the US deficit very near $10TT, in the oppinion of many, the $US canot hold for very long adding unprecidented value to gold, and huge upside to equities in the enviable position of SAN, with production and discovery "spiralling" to the upside.

"WB says, "Study the facts and financial condition, value the Co's future outlook, and purchase when everything is in your favour." (Price a major consideration!)

For SAN, the future looks great! Solid growth potential!

RUF

"Invest with your head, not your heart!" (not a common practice!)

"Where will SAN be 2 to 5 years out? IMHO, the answer is a no brainer!