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Message: Re: The San Gold SH Board Told Me Buzz Off

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Feb 20, 2008 03:54AM

Re: The San Gold SH Board Told Me Buzz Off

posted on Feb 20, 2008 05:58AM
I agree that a realistic price will be 1 to 2 dollars. I also agree that share price is more dilluted than I'd like to see. Furthermore, I think bandying about a 5 million ounce carrot is incredibly premature and would take an awful lot of drilling and good luck to come to fruition. However, once the rush into the juniors starts and we start to get those ounces above 2 million and if we hit some very significant grades in Big Sky over a decent length, you're going to see a lot of excitement come our way. This is Yellowknife, not some distant place in the jungle. It would create staking rush and you'd see all kinds of interest from media. For you that follow hockey, Yellowknife is to gold mining like the Leafs are to Hockey. Even the promise of riches puts them ahead of their peers, even if their peers have Sidney Crosby. For those who aren't hockey fans... why are you here? Crowlee, please remove them. The average investor won't be talking about how many outstanding shares there are fully diluted. At best they might look at the current o/s but they don't even know about warrants. The average investor will not be weighing ounces per share or 90% of the other stuff discussed here. All they will think is that there's gonna be a gold mine in YK again and that gold is flying. I also think that gold is going to $1200 this year and $1500 next and as such, I expect a spike in these mines that is akin to the tech boom, just so you know where my head is at.
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