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Message: San Gold Resource Expands – 007 Zone Beats Estimates, Target raised to $5.70

San Gold Resource Expands – 007 Zone Beats Estimates, Target raised to $5.70

posted on Mar 01, 2010 05:08PM

http://www.goldalert.com/stories/San-Gold-Resource-Expands-007-Zone-Beats-Estimates

CI Capital Markets analyst Eldon Brown raised his price target on shares of San Gold (SGR.TSXV) from C$4.70 to C$5.70 due to “ 007 Zone surprises” and reiterated the firm’s “Sector Outperform” rating.

"Results include intersections of 52.5 g/t gold over 2.0 meters". These guys just can't get it right it's 1787.7 grams or 52.2 OZ / Ton !!! see:

CD-09-007 290.3 m 292.4 m 2.1 m (6.9 ft) 1787.7 (52.20) 007

from: http://www.sangoldcorp.com/assets/files/091123_007Discovery_LoRes.pdf

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