Re: Last Corporate Presentation of the Year- Still a "bush" company
in response to
by
posted on
Nov 05, 2009 12:45PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
just followed the link in lunch's previous post to:
http://www.renmarkfinancial.com/en/node/3223
This is what they are showing institutional investors:
San Gold Corporation is a Canadian mining company focused on gold exploration and mining in the Rice Lake Greenstone Belt in SE Manitoba, Canada. The Company’s Rice Lake Gold Project includes two mines: the deep underground, high-grade Rice Lake mine and the nearby near-surface, ramp accessed San Gold #1 (SG-1) deposit. Both mines feed the 1250 ton per day Rice Lake mill which will be expanded to 1900 tons per day by the end of 2009. Both mines are in development and are anticipated to be producing a total of approximately 800 tons per day during 2009. In 2006, the Cartwright gold deposit was discovered 800 metres west of the Rice Lake mine and in early 2008 the high grade Hinge gold zone was discovered one kilometre east of the Rice Lake mine. Twin declines (ramps) are currently being excavated to access the new discoveries, with the near term emphasis on accessing the Hinge zone before the end of 2008, to be followed by development mining in early 2009.
Thay can't even be bothered to update the successes they have had.
Still bush league. I think we need a set of management that can rub elbows with the big boys. I get the impression we are the Bill Murrays of the country club(Caddyshack).