I agree, even if gold drops to sub $500 US as predicted by some we should still do OK as this decline would probably be a reflection of the strength in the US$. However, the odds are stacked against us. If we do become cash flow positive in the proposed time frame it would be the first time the company has hit any of their projections. Lets hope this is the time all cylinders start firing.
As of Dec 03/08 the debenture was still available through Jory Capital.
Good Morning,
1. Attached is the Technical Review for this morning.
And,
2. For more information about a San Gold Debenture opportunity please call us at 925-5200.
It is a 3 yr. convertible debenture at 10% at $1.40 per share.
Thanks From,
Investment Strategy Committee
Jory Capital Inc.
2070-360 Main Street
Winnipeg, MB R3C 3Z3
Toll-Free: (800) 545-4069
Direct: (204) 942-7711
Cheers
