Re: Nice SP surprise this AM. EOM
in response to
by
posted on
Dec 14, 2009 12:15PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
As I see it, maybe the move to a producer has slowed the speculation of the play as share dilution and bottom line have all become an issue. For the safety and longevity of the play in either deflationary or inflationary envoirnment, I will stick with SGR. It is important to share holder value that they can turn the corner and become a profitable producer, as it is the revenue stream that will provide the cash to keep exploring if liquidity in the financial system dries up. Once we have a revenue stream that is reliable we will be in a position to scoop up the Rainy Rivers and other exploration companies that will not be able to raise capital to survive. Remember Oilexco? If on the other hand the POG takes off and money is everywhere we will benefit from the exploration side and the Blue Sky potential. Then we will become a target for takeover.