Replies to post #51903 on Santo Mining Corp (SANP)

[goldpenny7]

Estate1: NO! I already made thousands on SANP's ups and downs. I also know that it is a bad investment for the long run because it could not be profitable till the end on 2018 at the earliest if it spends millions on computer hardware to do Bitcoin mining. Then there is the problem of world Governments (such as China may do) stepping in and outlawing crypto currencies because of all the money laundering and tax avoidance probabilities.

But SANP is in what I call the Hype/Awaiting News mode. That is a a good thing. But it doesn't last long. Will catch it when it dives to the low end. Which it will go. Think SANP failed with China meger., so they decided to put millions into their own computer mining software because they have nowhere else to go. The MJ Craze it done with. But it would take SANP till the end of 2018 to make enough income Bitcoin Mining -- to be above the poverty level in just my state (Massachusetts). That's why.