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Message: Aurizon and San

Aurizon and San

posted on Aug 26, 2009 10:44PM

Aurizon is a producer at 150m oz and currently mill 1800 tpd their mill grade is 7.8 grams per ton. You have to ask yourself this question.

Which of the two will be a better mine 2 years from now.

Aurizon is listed on the tsx ( we have to get there to realize our value) at a current price around $5.80 they have a smaller float of only 166m shares that is about 60% of Sans stock oustanding. If I multiply their share price by 60% I would get $3.48 currently. Now the grades will be higher for San Gold so when they get to 150m oz I can see a similar price to Aurizons current price of $5.80 in the very near future. It may be time to buy more.

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