Re: Management - Insiders Continue To Dump - Sea Change Coming?
in response to
by
posted on
Apr 28, 2011 10:15AM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
Jeff, five bucks would be criminal. I could have sold for $5 a year ago. If you add up the tons of rock that is mineralized in the shoreline basalt we could easily push this over 10 million ounces. G paid $600 an ounce for GEA years ago with a flooded shaft and only about 8 holes. We are already cash flow positive with hundred million plus of infrastructure. The way things are going income alone could justify 12 bucks. I am patient and although I am a conspiracy kind of guy I do not believe Dundee wants to be in the mining business and they will make sure we get top dollar.