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

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Message: Re: Takeover?

May 31, 2011 09:03PM
I have been reading between the lines and I think you could be on to something. I strongly disagree with your $4.50 valuation unless the SHolder rights plan allows me to double up on that number. If Ned does have interest in owning a goldmine this one would be perfect for him and because he has the inside track I would guess he will want to move sooner than later. This company will only get more valuable as time moves on. It would be a huge disappointment to me if SGR is bought out before we see what is in the 7 ovids that Traps keeps mentioning. I also would like to be holding this stock when they decide they need another mill and maybe another shaft. So much upside potential here and I seriously want to hang in until the story is fully understood. Otherwise the last year will have been a total waste of time.
Development Plans to 2013
Development Plan
Build ore envelope
2012
Determine best access points
Determine optimal production profile for increased resource
envelope
2013
Deliver and implement optimized mine plan
Realize regional potential
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