Welcome to the San Gold HUB on AGORACOM

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

Free
Message: Re: ..PDAC Toronto..
3
Mar 01, 2012 10:12PM
2
Mar 01, 2012 10:49PM
5
Mar 02, 2012 09:51AM

I guess the good news about the new dilution is that management will have to focus on making the share price outlook look attractive in order to sell it. They have to reverse this trend or I can't see the dilution selling and if they can't sell it I think that will have a negative effect on the share price.

I will probably stay with San as long as it stays above $1.50 and hope that there is a bit of a run up prior to the quarter results release. Any ideas if there will be good news here? News releases seem to preceed a drop in share price even though good news should make this stock fly. I think people realize this stock and sector are undervalued and poised to move. I think they are waiting for a reason to buy into the sector and into San in particular as it seems to be so undervalued.

As you can see I am desperately looking at reasons to stay with San as are we all. I can get out at 1.50 and still have made a bit. The share price is now so low that staying in or out doesn't affect my big picture much anymore. My reason for leaving would not be financial but to get out from under the stress of owning this stock. I think not worrying about San would feel like a big weight has been lifted from my shoulders.

Share
New Message
Please login to post a reply