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

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Message: Cash Flow positive

Cash Flow positive

posted on Oct 22, 2008 03:41PM

In the interview with Al Korelin and Jay Taylor last week, Dale said we were close to, if not now, cash flow positive from mining operations.

He also said we have $32-30 million in cash.

In ONLY 2 to 3 months from now, the decline ramp over to the new high grade hinge zone will be in the sweet stuff. When that ore starts hitting the mill we won't care what Bay street values the stock at, because I/we won't we selling ours. Our cash flow will allow San to go it alone untill they prove up even greater reserves and a fair (high) offer is made for us.

I've waited about two years to see this stock valued fairly and 90% of the time we get beat on like a dead horse.

Times will change, soon enough.


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