San Gold Corporation (SGRCF)

[Picassa]

San Gold is controversial because its underground facility has not been very profitable, and production has been modest. However, that may be changing now that it has established subterranean drilling platforms and successfully probed for high grade veins. It operates at Rice Lake in Manitoba. Management feels the area is geologically analogous to the Red Lake district in Ontario, an area where Goldcorp has substantial production, and which has been explored one hundred times as much.

http://baltimore.citybizlist.com/1/2011/2/7/Gaineswood-Quarterly-Highlights--December-2010.aspx