TSX:SGR.UN - Post by User
Post by
timewilltellon Aug 21, 2013 1:48pm
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Post# 21686975
* San Gold much more attractive investment than Lake Shore & San Gold is an appealing take over target
* San Gold much more attractive investment than Lake Shore & San Gold is an appealing take over targetSan Gold has greater upside potential than Lake Shore.
For every share of lake shore bought at .49 cents, you are only getting 30 cents in value according to price/earnings ratio and tangible book value
For every share of San Gold bought at .16 cents you're getting .45 cents in price/earnings ratio, also tangible book value, .57 cents.
lake shore 3x debt.
San Gold is the best under valued pick amongst small cap miners.
In regards to profit, in 2010 San gold's share price 4.00, they hadn't dug up a penny of gold.
investors are fickle, but we nee to look at the numbers closer.
money will flow Into San Gold for all the right reasons, hang in there, it will be a fun ride.
remember, numbers don't lie, but projections do!!