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San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.

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Message: Financials are out

The Company transitioned to commercial production in its accounting for activities at the Hinge mine this quarter. In part this was responsible for the net income from operations of $0.2 MM - this is the first time the Company has reported operating income which is a significant milestone for the Company and is the beginning of what management expects will be improved performance in the future.

Which is exactly why pie in the sky speculation and what ifs aren't that far off and ubsubstantiated rumours are closer to the mark than many realize.

"Keep in mind that the Hinge bulk sample has yet to hit the bottom line so even if September was the first Month of + cash flow, cash from Hinge, 5502 ounces worth, could offset any loss from July and August if the accounting department declares commercial production."

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