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Message: Jay Taylor Envisions Scary Specter of '30s-Style Depression

Jay Taylor Envisions Scary Specter of '30s-Style Depression

posted on Nov 03, 2009 04:35PM

"JT: San Gold Corporation (TSX-V:SGR) is another favorite of mine. Stock's come off its highs here. We could see some more weakness in all gold shares in the near term, but that's going to pave a fantastic buying opportunity. San Gold is producing in Manitoba from the Rice Lake property. Right next to it they've got the Hinge deposit and assays from parallel zones there are looking like extremely high grade material. They should be feeding in this higher grade material, blending it with the lower grade deposit from Rice Lake. Underground in the Rice Lake Mine they've recently come up with some very high grades, too, so that's the story I think is going to be very, very much in the market. People are going to start paying more and more attention to San Gold."

http://www.theaureport.com/pub/na/3233

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