Re: What it will take

Welcome to the San Gold HUB on AGORACOM

San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Have a great Sunday, especially those of you like me that are celebrating Orthodox Easter ... As well as those of you who are also like me and mourning another Maple Leafs Game 7 exit ... Ugggh!

Sincerely,

George et al

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Alexs_Pushkin

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Re: What it will take

in response to

Re: What it will take

NorthLion

posted on Jan 30, 2008 02:36PM

<< it will take more than just the price of gold to make SGR worth more than what it shows today >>

I'm not sure that it will require a higher POG. What could happen very shortly is that the majors start reporting earnings. With the POG very strong the last quarter, the earnings should really catch some attention. Then some large money may start to look at the sector. Yes this will be their first look. Very little money has flowed into the PM sector relative to what can. And of course this is a very small market.

So the earning show a terrific quarter and the next one will be even better (for the producers). So soon the focus will change to companies that have late stage projects or one like SGR that have everything in place and are ramping up. The POG could even drop $100, and this could happen.

Further, with large cash positions, the majors will snap up companies that are undervalued again those late stage projects like Minefinders or large resources with great land holding and expansion potential like SGR.

The hard part for many folks now will be to hold their shares. I've got a few small trading postions that I'll hopefully buy and sell a few more times and bennifit from the volitility. But as for core holdings, they are locked in for at least 4 years.