If we get 0.5 million ozs(yeah, grades important) say hello to $2.00/share. Anything under 1.5 million oz will sink our SP.

Our last 43-101 that was released was 2 years of drilling with poorer grades.

San Gold Adds Significant Mineral Resources at Cartwright - December 13, 2006

San Gold Amends New Resources Upwards by 200,000 Ounces - February 1, 2007
Dale Ginn, President of San Gold Resources Corporation is pleased to announce that the final review of its most recent mineral resource calculation by ACA Howe International (see press release dated Dec. 13, 2006) has been completed and has resulted in an increase of nearly 200,000 contained ounces gold over and above the previously announced total. The inferred mineral resource category was revised upward from 1.0 million ounces to 1.2 million ounces. The measured and indicated mineral resources remain at 403,000 ounces gold and there was no change to the mineral reserves.

The hinge has been drilled for about 1 1/2 years.

New discovery of Multiple Gold Zones near Rice Lake Mine - January 15, 2008

JMHO