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

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To: czechmate who wrote (63052)1/25/2009 10:48:48 AM
From: shakes  Read Replies (1) of 78420
 
San Gold CEO:

watch.bnn.ca

One of the reasons I upped my SGR-V position was the above interview.

Certainly not a slick used car salesman, Ginn came across to me as direct, honest and to the point. His only "fumbling and mumbling" came in response to direct, specific questions as to potential M&A activity. It was obvious to me something positive was cooking; shortly thereafter he stated that their goal was to become the next mid-tier producer, targeting 200K oz/year.

He noted current production costs @C$400/oz when POG was C$800 and was quite pleased with that margin; bet he's very pleased today.

A steady stock price base building has now been followed by huge up-volume 7 of the last 9 trading days.

regards,

Shakes
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