Re: San Gold is Moving Forward
in response to
by
posted on
Aug 16, 2011 04:09PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
..........not at all, in any event going forward. San , through her backers ( BAY ST. ) HOLD enough of a share position ( posion pill ) to allow their mining resource engineers to calulate the oz potential of structures heading back to the main mine. Listening to the Con..call the COO (Iean ) contributed alot of information on future mining heading from 007 area back to the 6000ft deeps to RL. Talk of up grading Transmission Lines could mean San could take advantage of cheap Hydro and run electric mobile equipment. Mention of mining wds on new veins mean mechanized mining can continue. There was mention of looking out at possibly utilizing the under ground shaft as a expansion to potetial mine the deeps in a two phase step back to surface. Although handling cost would rise the price of a 7000ft new shaft would ring in around $ 250 Million which San does not have.. Traps7