Taylor refreshes San Gold buy
Ticker Symbol: C:SGR
Taylor refreshes San Gold buy
San Gold Corp (C:SGR)
Shares Issued 259,205,812
Last Close 10/6/2009 $2.90
Tuesday October 06 2009 - In the News
Jay Taylor in the Sept. 15, 2009, edition of Gold, Energy & Tech Stocks refreshes his buy recommendation for San Gold Corp., recently $3.04. Mr. Taylor said buy five times between October, 2006, and April, 2009, at prices ranging from $1 to $1.73. A $1,000 investment for each of the five buys is now worth $11,841. Mr. Taylor says San Gold continues to release remarkable results from the Hinge and Parallel zones of its Rice Lake project in Manitoba. He expects more good news from those near-surface, high-grade zones. The newsletter writer notes the Hinge zone results are similar to the early-stage numbers from Goldcorp's company-making Red Lake prospect. Mr. Taylor expects San Gold to rise dramatically next year, as mutual funds start to add mining companies to their portfolio. The newsletter writer continues to expect an overall plunge in the stock market this fall. Mr. Taylor says San Gold is a stock he wants to own.
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