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Re: Bobwins post# 6479

Sunday, 11/25/2007 10:43:43 PM

Sunday, November 25, 2007 10:43:43 PM

Post# of 35736
SanGold SGR

They are poor on execution but enjoy a great set of drill results. A PP is about to close this week and next week they will have their annual meeting. There may be additional news coming out soon in the form of more high grade drill results.

The last resource report was December of last year. There is a good possibility there will be a revised one in the first qtr of 2008. Also, as Bob mentions they will be mining from the higher grades sometime soon. I don't expect any good results until Q108 but from there on out, I expect them to post sequentially improving qtrs as they mine more and more of the higher grades. They can fairly easily get the mill up to 1800 or 2000.

I wouldn't be surprised if they try to focus their efforts on drills results to get the share price up and eventually let someone else buy them out. Somoene who can atuually get results.

JFF7

It's better to be out wishing you were in than in wishing you were out.

"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes

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