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Message: Re: TD follows up
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Apr 09, 2009 06:27PM
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Apr 15, 2009 09:21AM

One paragragh in Td's action notes dated April 15/09 that stands out states that TD includes a $30 million exploration credit to reflect continued exploration success in the Hinge Zone,which is still open along strike to the north-east and to the south-west as well as at depth.Successfully establishing continuity to the same depth as in the Rice lake Mine,would expand the mineral inventory to 5.7 million ounces given a constant rate factor of 1.15 oz.per vertical foot.They state that the Hinge Zone may transform SAN GOLD from a moderate grade producer to a high grade producer.There target price upgraded from $2.25 to $3.00.BUY Recommendation.

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