San Gold's peer group. Doulis should get his facts straight. The whole sector has the same issues San Gold does.

FP says negative surprises possible at Iamgold, rivals

Iamgold Corp (C:IMG)
Shares Issued 376,536,950
Last Close 2/12/2013 $8.60
Wednesday February 13 2013 - In the News

Also Agnico-Eagle Mines Ltd (C:AEM) In the News
Also Allied Nevada Gold Corp (C:ANV) In the News
Also Centerra Gold Inc (C:CG) In the News
Also Kinross Gold Corp (2) (C:K) In the News
Also Semafo Inc (C:SMF) In the News
Also Lake Shore Gold Corp (C:LSG) In the News

The Financial Post reports in its Wednesday, Feb. 13, edition that RBC Capital Markets analysts believe negative surprises could come from Agnico-Eagle Mines, Allied Nevada Gold, Centerra Gold, Iamgold, Kinross Gold, Semafo and Lake Shore Gold. The Post's Jonathan Ratner writes in the Trading Desk column that higher costs for the first half of 2013 were highlighted as a risk for Agnico, as was a lower-than-expected cash balance for Allied Nevada. For Centerra, RBC expects the company will write off $190-million (U.S.) related to the underground development at its Kumtor mine in Kyrgyzstan, which the analysts think could take the market by surprise. For Iamgold, they noted the company's indication that a higher reserve gold price will be used, so there is a potential that while reserves increase, grades could see a significant decline. RBC also suggested that both Kinross and Lake Shore could face higher operating costs in 2013, while Semafo may encounter negative surprises related to asset writedowns, taxes or minority interests.

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