San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
While some might be disappointed with the slow pace of the ramp up in production at Rice Lake,
we view yesterday's news as being positive.
We continue to view the potential of the Rice Lake property to be far greater than presently quantified,
We expect further discoveries and improved production to propel the share price higher, and we are maintaining our
BUY rating and 12-month target of C$5.50/share.
