Re: Talk about Putting,'Lipstick on the Pig'.
in response to
by
posted on
Oct 06, 2011 08:51PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
They are sticking to their guidance of 80k this year. They have 3 months to produce nearly 27,000 ounces. That's a 40% increase over 3rd quarter production. Pretty lofty expectations given current grade. If they don't deliver I would say after operating for 3/4 of the year and not revising production down at this stage, if that is going to be the case, is borderline deceptive and fraudulant of which, I don't believe San Gold to be either. I can't see how a company supposedly under promising and over delivering would adopt the opposite strategy. 4th quarter could be pivotal on a number of different levels.