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Message: Are Sangold miners shareholders?

Are Sangold miners shareholders?

posted on Jan 25, 2010 12:01PM

With cash flow only just starting and management having a far better idea of what’s in the ground, even though not all 43 101 compliant, miners working in the dirt, dust and putting their lives on the line, it would be good to think they had a stake in the company while the share price is low, this type of incentive would be in everyone’s best interest.

I don’t pretend to know anything about mergers, but what struck me was Sangold’s purchase of Timmins with the Rob Macewen connection and his interest in Rubicon, could a merger between Sangold and Rubicon be considered a possibility?

Given the larger picture does it matter that much what we agree or disagree on , what eclipses everything else is the price of gold in 3-4 years time, it is imperative that Sangold optimises its efforts between now and then through production, finance, mill expansion and ounces in the ground, gold will peak and that will be the time for us to get out and retire.

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