It seems some time back several years ago in the winter months San Gold went to or slightly above $ 5.00 per share. Since then the price of gold went up in price per ounce and the share price went down never to return to it"s former $ 5.00 per share value.Since then the mine has been drilled and explored to a much greater degree,more updated bottlenecks un bottled,new equipment purchased , and why then is the price per share so low ? It is cheaper today to sit back and purchase a producer than to develope it yourself.
Why should not San Gold stay as a stand alone company by it"s self ? It can be profitable by it"s self. No further dilution is necessary. Stay small,stay focused,grow slowly and profitable.The mine has a long producing life and can give it"s shareholders good sound returns and value.
Question ? Does Timmins come into play as well in this situation or is it spun off to be on it"s own ? Comments please.
