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GOLD bullish price objective $1620 a first target -

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San Gold Reports 2015 First Quarter Results "PR Newswire (US)" - 6/5/2015 5:00:00 PM
NYBob Member Level  Saturday, 08/24/13 09:50:29 PM
Re: UndeniablyApt post# 988
Post # of 1746 
GOLD bullish price objective $1620 a first target -

SGR Turn Around Target $4.- Bull Run Back UP -

Right on UndeniablyApt good info -
SGRCF is an absolute steal at $.16

Q2 was Berzins first full quarter as CEO and he's already off to a
stunning start.
San Gold finished the quarter with 15% less employees than when
they started the year, which is represented in the SGA expenses
being CAD 1.5million this quarter compared to CAD 4.1million in
Q2 of 2012.
Cost cutting is key in an industry such as this.

Cash cost per ounce sold was reduced to $743 in Q2 compared to
$1,057 in Q1, very very impressive.

San Gold produced 22,526 ounces this quarter...4,285 ounces more
compared to last year's Q2, and at 30% cheaper costs per ounce.

Compare this to a company such as CGR. They produced 12,000 ounces at a cost of $875 per ounce. Half the production of SGRCF at a significantly higher cost. CGR also anticipates 50K ounces of production this year, compared to SGRCF's 75K-90K ounces. YET, CGR is trading at $.32

Keep in mind that San Gold also mined a record 173,500 tons of
Higher mining rates, higher production rates, lower costs, and a
gold spot price that is steadily rising = a significantly
undervalued San Gold at $.16

SGR TA Target bull to fiat$4.-

SGR TA Golden Cross Start Bull Run Back UP Target $4.-fiat -

SGR Why $50,000 Gold?
God Bless

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