Slate Grocery REIT T.SGR

BB and Marketminer

[Monedas1]

BB and Marketminer, We all want SGR to be successful and the property has multi-dollar potential. You both understand this market, I can tell from your posts. I understand Ginn's problems in being specific about timing and ammounts but for SGR to achieve its potential, I believe he needs to pay more attention to consistency . I plan to be an investor in this stock for some time having done my due diligence and will continue to accumulate according to what I should be paying at the time. Resource estimates such as 43-101s and production dates are very big deals in terms of pricing. Being in production changes the pricing model and what is a reasonable price to pay. Just being in production changes the model. The projecting earnings from the number of ounces to be produced determines how much we should be willing to pay now. Being in production is a status that has to be announced by the company to have any impact and not inferred by investors. As I posted earlier, if stockpiling is part of the production plan, San Gold is probably in production although not milling but waiting until milling starts is not bad either. My calcualtion was that San Gold could produce 52,000 ounces in 2006 even if milling was not started until June of 2006. After all this dialogue, I still don't know exactly how many ounces are now "officially targeted for 2006". Does anybody?? I left Dale Ginn a voice mail to follow up on my email and will report back. Good luck to us all. I do think that San Gold is a winner and I can wait.