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Message: John Embry in THE GOLD REPORT

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Re: John Embry in THE GOLD REPORT

posted on Nov 02, 09 07:40PM

Ruff, San has made and will continue to make investors a handsome return, but San waiving the production banner was a little premature. I see Sans current price as a reflection of our current 43-101 , exploration results and maybe $0.40 of the share towards our assets. I don"t see production numbers that substantiate being in production for 3 yrs.I may sound critical at times but i call a spade a spade. I have seen recent post defending San because of their lack of equipment, sleeping quarters, having to bring equipment underground, widening the portal, refurbishing the equuipment, training staff, finding expierence Geo, Mill, etc change the hoist, shut down SGI and on and on, like i always said lets just drill until we know what we got. I see Rubicon, Lsg WTM and on and on doing just fine. I see Winkin, Blinkin and Nod take advantage of these pit falls and stock up their cookie jars as the small investor keeps looking for San to become a cash flow producer.I will always try to inform posters as to think out side of the box and read between the lines because mining is for the big boys. I have put my money where my mouth is because of these Short commings and will enjoy the ride that San will give us as she cracks open her 20 million plus oz elephant. Long On The Greens. With Out Prejudice. Traps7

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