Santo Mining Corp (SANP)

[SteveWin]

@skinnyman1967 - I got your DM, but can't reply by DM - but I don't mind answering here.

I truly believe that CEO Frankie is a scam artist, and he's diluting SANP stock and letting the company dump at cheap prices, so he can pay his salary with the dump revenue, then use his salary to buy up the cheapies he just dumped.

I BELIEVE FRANKIE IS BUYING THESE CHEAPIES FOR HIMSELF, BECAUSE HE IS PLANNING ONE LAST PUMP before transferring the company to Canoe. That transfer (news that it's done) might be that last pump.

I believe that last pump will be good enough to give you a 2.5x gain, and about a 3x gain for me.

After that, it's anyone's guess what happens to the stock. I'll have my money back out of it, and about 200k freebie shares to sit on and see what happens. If Canoe takes the reins, we'll probably see an initial RS (which usually causes a short term price drop) followed by actual business operations and profits. If Canoe doesn't take the reins, this will blink out of existence.

Honestly, if Frankie simply announced his retirement from the company, it would probably soar - but he is obviously squeezing the company for every dollar he can get. If he did announce his departure (with a Canoe takeover or without, just a new name (not Matt Arnett) as CEO), the price will soar, and Frankie will see his giant pile of 0003 shares skyrocket.

So, I'm not terribly confident about SANP long term (Canoe takeover is just a "maybe" to me) but I'm completely confident that we have one more pump coming, one more chance to get out ahead. Hang in there.