Taylor says hold San Gold
Ticker Symbol: C:SGR
Taylor says hold San Gold
San Gold Corp (C:SGR)
Shares Issued 268,265,093
Last Close 2/8/2010 $3.48
Monday February 08 2010 - In the News
Jay Taylor in the Jan. 15, 2010, edition of Gold, Energy & Tech Stocks tells readers to hold San Gold Corp., recently $3.74. Mr. Taylor said buy five times between October, 2006, and April, 2009, at prices ranging from $1 to $1.73. A $1,000 investment for each of the five buys is now worth $14,567. Mr. Taylor thinks San Gold's Rice Lake mine in Manitoba could be one of the highest-grade gold discoveries in Canada. He says the project could move San Gold into the big leagues of gold mining companies. Given its current resource, Mr. Taylor thinks this stock is fully priced now. The newsletter writer notes San Gold is a potential takeover target.
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