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

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Message: Big Picture

Big Picture

posted on Nov 19, 2009 11:27AM

Looking at the big picture, IMHO we are starting to get a little more respect in the markets. Investors have witnessed with the LSG deal today that big money is betting on the type of story represented by emerging gold producers.( and willing to pay a hefty premium) Lsg and SGR have all the pedigree, growing production and resource base, low costs, fully financed with blue sky, all located in the middle of one of the safest countries in the world. I believe we will have no shortage of bargain hunters ready to catch us whenever we start to fall. Today with the money running back to US dollar instruments and the potential for the big bad W, we are holding our own. I noticed yesterday on the fact sheet that the insider position has gone from 15% to 12% and the institutional holdings have gone from 55% to 60%. It would appear that most of the new paper from the debentures ended up in the hands of the big boys.

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