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Message: Re: Timmins.........it's too early
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Jan 23, 2010 03:00PM
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Jan 23, 2010 04:38PM
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Jan 23, 2010 06:56PM
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Jan 23, 2010 10:39PM
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Jan 23, 2010 11:05PM
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Jan 24, 2010 02:29AM
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Jan 24, 2010 09:04AM

In a gold rush area if you don't move it will be gone. I believe Dale worked for Gold Corp before in Timmins and is probably familiar with the area. I also believe that there is some strategy in this move in that it brings a player like Rob Mcewen (if you do not know him google him) to the table and puts some pressure on Goodman.

From San Gold news release:

"Following a reevaluation of prior work, San Gold intends to actively explore these newly acquired properties with the view to developing the Davidson-Tisdale property following the negotiation of a joint venture agreement with VG Gold Corp.

It will be in SAN'S future that they will have to do some offering but now will have a joint venture partner to talk to like Mcewen that they can negotiate with also. I think this makes for a very interesting future and gives SAN some negotiating leverage for better share price when doing future offerings.

I will speculate that to get a joint venture agreement with VG that Rob Mcewen may become a board member of SAN (remember only my speculation) this would also be a major plus when joining the TSX.


Jan 24, 2010 11:56PM
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