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

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Message: 3 more months

If they are doing b/w 1200-1700 tpd for the next three months. that averages out to 1400 tpd.

1400 *90 days= 126 000 tones

now 126 000 * 0.18 ozt = 22 680 oz of gold.

Let's take out 10 % for potential issues and what not.

22 680 - 2268 = 20 412 oz

Say an average sale price of 1450 (we all know its higher but being conservative).

Thats 29.6 Million in Revenue.

Q1 cost was about 25 Million. Q4 last year was 27 Million. all other quarters was below 25.

I don't see any possible way they can't make money for Q2.

3 more moths and we should see first ever CF+

We should also see shareprice over $4.00 soon. (1-12 months) and possibly as high as $5.00

Are you guys all as excited as I am?

Jeff

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