TSX:SGR.UN - Post by User
Comment by
TedOwenson Jun 26, 2014 6:17pm
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Post# 22698558
RE:My thoughts on SGR share price
RE:My thoughts on SGR share priceRelying on the price of gold to remediate the woes towards producers which cannot operate efficiently when most of the others in the same position do, further points towards San Gold being operationally defunct.......A company intentionally positioning itself towards being only marginally profitable at the expense of overall production output volumetrics which would need to be in place in order to positively affect the companies share price and market cap over other competing entities wont get past market makers who know the ins and outs of this business..........Even a Cool Aid stand can be profitable but its what's being made on relational cash returns in relation to the size and scope of the operation which will ultimately determine a positive investment choice for investors in the end.