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San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.

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Message: More from Dundee

Balerdash, exactly Silver , this game of deception was created by Bay ST. in-order to fill their pockets with cheap shares. Lets step back for a minute here and reflect what i said as Sans anouncment back in 2008 / 09 of production target"s was my reason for selling SAn"s shares and i told the board at that time. San:s mining plans changed because of the near surface finds ( hinge, 007, emporer, cohibina ) and would cause production delays as development would be slow ( Pac Man San ) causing Sans deception. Management may have faulted here for not anouncing that development could delay production, but they did offer a FL which says the funds must be used for development so is San to blame or the investor not knowing what to do. I know i told the board to sell at their $ 5.00 target and even MBgold rebuttal and post to forget what i told the board...........Silver. ( Your record on the 'fairways' isn't very good )..since i sold San, and i well say here that i am a ratio trader as i well value mining companies for their upside, i made SKP my core holding and road SKP to the point my position got top heavy so i took my original investment off the Greens but because of my low cost base still held a large position. Sans down fall also contributed to the fall of SKP shares as they share the same synergies and the deception spread around the Greens. I recently bought back into SKP ( JV WITH san) as i see this ratio between the two offering alot of up side...Silver, we have had these rebuttals since 2007 and it seems things always get taken out of context over time.. I will offer you this as a reference point as how bad my record is on the fairway so you can look back and say i told you so...Ok, here"s the game plan, looking at my current TFSA value i could purchase 20,000 shares of SGR at the current price of $ 2.90 or stick with what i currently have which is the value of owning the 20,000 SGR shares. Lets say SGR hits their $ 5.00 target so my TFSA with 20,000 shares would value $ 100,000.00. I well post for you again from this reference what the value of my TFSA is when San reaches

Discount Brokerage As of 08-Apr-2011
Cash Balance (after settlement): $14.00 Margin Available: N/A
Securities Market Value: $58,568.00 Securities Book Value: $55,712.15
Total Market Value: $58,582.00 Total Book Value: $55,726.15
ActionSecurityQtyPrice Book ValueMkt Value
Buy Sell PUMA EXPLORATION INC 116,000 $0.25 $23,132.18 $28,420.00
Settled Quantity: 116,000
Pending Quantity: 0
Symbol: PUM
Average Cost/Unit: $0.20
Loan Value: N/A
Buy Sell STRIKEPOINT GOLD INC 194,500 $0.16 $32,579.97 $30,148.00
Settled Quantity: 194,500
Pending Quantity: 0
Symbol: SKP
Average Cost/Unit: $0.17
Loan Value: N/A
Securities Total $55,712.15 $58,568.00
+ Cash $14.00 $14.00
Totals $55,726.15 $58,582.00

$ 5.00 and we well see what the Traps7 is made of...with out prejudice........................

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