Re: News: San Gold Names Pirie President and CEO
in response to
by
posted on
Dec 09, 2010 06:53AM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
I've said it before and I'll say it again. If you can't make money at a $1380 gold price you should put the mine on care & maintenance
I've often thought that myself, in regards to the production of the SAM. However, after seeing Bill F's presentation at the Jory meeting a couple weeks ago, I now understand that this work needs to go on for the company to find the Goldcorp type motherlode that Bill refered to as the "pencil".
Difference is that Goldcorp discovered theirs by accident, whereas we are working down there with a purpose and a plan to find that motherlode.