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

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Message: Brent Cook article

Brent Cook article

posted on Jan 29, 2009 03:39AM

http://seekingalpha.com/article/1170...



One company that I have recommended in the newsletter is Sangold Corporation (TSX.V:SGR). This is a small company in Manitoba. They’ve got a small reserve that doesn’t justify the market cap, and a good resource in the order of 1.2 million ounces. But most importantly from my perspective, a new discovery called the Hinge Zone #4 that is adjacent to the current operations—well, a kilometer away—and readily accessible. And this thing will run probably two to three times the average grade of the mine they’re currently working on. So we’ve got a small mining company that’s moving towards production with a lot of upside in terms of future discoveries. So I like that one.

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