Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: maxncompany who wrote (30094)	1/18/2007 12:17:49 PM
From: onepath	of 78426

This blurb from Taylor(older news) fills in a little more info.I think the no reaction in part is because of the narrow widths but when taken with what has developed so far it is exactly what SGR needs to find.Could be a good story here...new producer ,large land position , little recognition and in Canada. Taylor says buy San Gold for low project risk 2006-10-25 16:43 ET - In the News Jay Taylor in the Oct. 16, 2006, edition of Gold & Technology Stocks tells readers to buy Hugh Wynne's San Gold Corp. at $1.18. This is the first time Mr. Taylor is recommending the gold stock. He writes that San Gold is one of the most unrecognized new gold mining stories in Canada. The company has virtual control of the 100-kilometre-long Rice Lake greenstone belt and is starting production at two mines (possibly a third) by 2007. In April, 2006, San Gold began production at a rate of 400 tonnes a day from its Rice Lake mine in Manitoba. Management expects to bring the San Gold No. 1 deposit into production before the end of this year as well. Mr. Taylor emphasizes that, with two or three mines feeding the same 1,200-tonne-a-day mill, the project economics look excellent. Thus, he writes that San Gold is a good investment for those who want to minimize their exposure to project risk. The newsletter writer says that management has the experience to follow through with this business plan. Once San Gold has a few mines up and running, Mr. Taylor thinks professional and retail investors will start buying. He advises readers not to allocate more than 5 per cent of their portfolios to the stock.

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