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Re: bigone post# 1598

Thursday, 03/05/2015 6:21:40 PM

Thursday, March 05, 2015 6:21:40 PM

Post# of 1856
McEwen @ PDAC 2015: Sticks to US$5,000 Gold Forecast -
By Peter Koven
National Post, Toronto
Wednesday, March 4, 2015

Rob McEwen is sticking to his guns.

Despite the poor performance of the gold price the last two years, and
predictions from numerous experts (including Goldman Sachs) that it will
drop further.

The famous gold entrepreneur maintains his long-held belief

- that bullion will head north instead -

- perhaps to US$5,000 an ounce.


"I think we're at a turning point,"
the chief executive of McEwen Mining Inc.
told investors in a luncheon presentation.

He pulled up charts showing the explosion in the U.S. monetary base
since 2008, along with rising debt relative to GDP.
He also noted that a New York condo recently sold for US$95 million,
while a Gauguin painting sold for almost US$300 million.


"It sends a message that money is not that valuable anymore,"
said Mr. McEwen, who was formerly CEO of Goldcorp Inc. ...

... For the remainder of the report:

http://business.financialpost.com/2015/03/04/pdac-2015-mcewen-sticks-to-...

* * *

Join GATA here:

Mining Investment Asia Conference
Resorts World Convention Centre
8 Sentosa Gateway, Sentosa Island
Singapore
Wednesday-Friday, March 18-20, 2015

http://www.mininginvestmentasia.com/

Mines and Money Conference
Hong Kong Convention and Exhibition Centre
1 Expo Drive, Wan Chai
Hong Kong, China
Monday-Friday, March 23-27, 2015
http://www.minesandmoney.com/hongkong/

* * *

McEwen should buy the San Gold Mines bargain assets -

San Gold Issues Invitation for Offers -
Mar 5, 2015

http://sangold.mediaroom.com/2015-03-05-San-Gold-Issues-Invitation-for-Offers

WINNIPEG, March 5, 2015 /CNW/ -



San Gold Corporation (TSX: SGR)
("San Gold" or the "Company") announced today that, pursuant to an order
(the "Order") of the Court of Queen's Bench (Winnipeg Centre) (the
"Court") dated February 26, 2015 San Gold Corporation ("San Gold")
obtained Court approval to conduct a Sale and Investor Solicitation
Process ("SISP"). Pursuant to the SISP and the Order, Beacon Securities
Limited is soliciting proposals from strategic and financial parties to
acquire the property, assets and business of, or to invest in San Gold.

San Gold is an established Canadian gold producer,
explorer, and developer that owns and operates
the Rice Lake Mining Complex near Bissett, Manitoba.

The SISP is being carried out pursuant to the San Gold's Notice of
Intention ("NOI") to make a proposal to its creditors. MNP Ltd. is
the proposal trustee for the NOI process and will also supervise
the SISP.

Interested parties may obtain additional information by contacting
Beacon Securities Limited at:

Beacon Securities Limited
Stephen J. A. Delaney, Director, Investment Banking
(416) 507-3965
sdelaney@beaconsecurities.ca

Materials related to the NOI proposal process may be found at the website of MNP Ltd. at
http://mnpdebt.ca/en/corporate-insolvency/corporate-engagements/pages/details.aspx?title=san-gold-corporation.

About San Gold

San Gold is an established Canadian gold producer,
explorer, and developer that owns and operates
the Rice Lake Mining Complex near Bissett, Manitoba.
San Gold is listed on the Toronto Stock Exchange under the symbol "SGR".

Cautionary Note

No stock exchange, securities commission or other regulatory authority
has approved or disapproved the information contained herein.
This news release includes certain "forward-looking statements". All
statements, other than statements of historical fact included in this
release are forward-looking statements that involve various risks and
uncertainties.

Any statements that express or involve discussions ---- readers should not
place undue reliance on forward-looking statements.

SOURCE San Gold Corporation


For further information: on San Gold, please visit

http://www.sangold.ca

or contact: Greg Gibson,
President and CEO; Mandeep Rai,
Chief Financial Officer;
Toll Free: 1 (855) 585-4653,
sgr@sangold.ca

http://sangold.mediaroom.com/2015-03-05-San-Gold-Issues-Invitation-for-Offers
God Bless


My opinions are my own and and DD I post should be confirmed as unbiased