Slate Grocery REIT T.SGR

SanGold is the next GoldCorp AND

[robertop65]

Guys I've been speaking to a very reliable source. The source knows SanGold and every time the guy spoke of SanGold he made a mistake and said GoldCorp. He is basically calling SanGold, GoldCorp. I was regularly correcting him saying you mean SanGold he just smiled and said yes. So anyway the conversation started off by me mentioning that I was invested in SanGold. First thing that came out of the guys mouth was, "that’s a really good company". I could see a sparkle in his eye when he said that. This guy knows his stuff. He is not allowed to invest in gold stocks because he knows too much. He didn't leak anything that is insider trading stuff so don’t think this is illegal information or that I received insider info. He did mention for my best interest that I should hope for a takeover. I said why? And I told him that I want us to get true value first then 30% on the takeover. This leads me to believe that a takeover is in the works. Why would he mention it? Then we started talking about why takeovers happen. He said that SanGold would be lucky if they avoid a takeover. Most companies get gobbled up by the time they reach 100,000 ounce production per year. Well I explained we are only at 40,000 but increasing next year. That is when he said it is very unlikely companies can avoid takeovers. Once they start producing 100,000 ounces then the cash reserves grow so much. What usually happens is a takeover before this happens. HE mentioned takeover a lot. So I believe takeover in the works. So we have time to reach true value before takeover. Lets keep our fingers crossed. This is a no brainer. The only way we are going to lose on this play is if all the Banks stop stock piling Gold as currency. Never happen in my lifetime. I Hope. 